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2022-03-31-accounts

MASONIC CHARITABLE FOUNDATION ANNUAL REPORT AND FINANCIAL STATEMENTS FOR THE YEAR ENDED 31 MARCH 2022

Charity Number: 1164703 Company Number: 09751836

MASONIC CHARITABLE FOUNDATION

Contents Page
Trustees’ Annual Report 3
Strategic Report 8
Statement of Trustees’ Responsibilities 27
Auditor’s Report 28
Consolidated Statement of Financial Activities 31
Balance Sheets 32
Consolidated Statement of Cash Flows 33
Notes to the Financial Statements 34
The following pages do not form part of the statutory accounts
Annex A – Grants made to Charitable Institutions 63
Annex B – Hospice Grants made by Province 78

Page 2 of 83

MASONIC CHARITABLE FOUNDATION

TRUSTEES’ ANNUAL REPORT

The trustees are pleased to submit their report for the year ended 31[st] March 2022. This report includes a directors’ report as required by Section 415 of The Companies Act 2006 and a strategic report as required by The Companies Act 2006 (Strategic Report and Directors’ Report) Regulations 2013.

Reference and Administrative Information

Name and Registered Office

The name of the charity is the Masonic Charitable Foundation (the “Charity”) and it has its registered office at 60 Great Queen Street, London, WC2B 5AZ.

Trustees

The trustees who served during the year were:

James H. Newman resigned as Chairman of the MCF on 31[st] March 2021 and Trustee of the MCF on 28[th] April 2021, and Sir Paul Williams was appointed Chairman on 1[st] April 2021.

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MASONIC CHARITABLE FOUNDATION

TRUSTEES’ ANNUAL REPORT

Executive

The Executive during the year to 31[st] March 2022 were:

Auditor

Knox Cropper LLP, Chartered Accountants, 65 Leadenhall Street, London, EC3A 2AD

Bankers

Barclays Bank Plc, Level 28, 1 Churchill Place, Canary Wharf, London, E14 5HP

National Westminster Bank Plc, Bloomsbury Parr’s Branch, 214 High Holborn, London, WC1V 7BX

Coutts & Co, 440 Strand, London, WC2R 0QS

Investment Advisors

Asset Risk Consultants Limited, 7 New Street, St. Peter Port, Guernsey, GY1 2PF

Investment Managers

Thesis Unit Trust Management Limited, Exchange Building, St John's Street, Chichester, West Sussex PO19 1UP

CCLA, Senator House, 85 Queen Victoria Street, London, EC4V 4ET

Royal London Asset Management Limited, 55 Gracechurch Street, London, EC3V 0UF

Solicitors

Stone King LLP, Boundary House, 91 Charterhouse Street, London, EC1M 6HR

Farrer & Co, 66 Lincoln’s Inn Fields, London, WC2A 3LH

Wedlake Bell LLP, 71 Queen Victoria Street, London, EC4V 4AY

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MASONIC CHARITABLE FOUNDATION

TRUSTEES’ ANNUAL REPORT

Structure, Governance and Management

Organisation

The Charity is constituted as a company limited by guarantee and its governing document is its articles of association. It was registered as a charity on 4[th] December 2015 and commenced activities on 1[st] April 2016.

The Charity is the parent or ultimate parent company to the following organisations:

Charity Name Legal Status Charity
Registered
**No. **		 Membership
Details		 Trustee or
Company Board
The Grand Charity Company limited
by guarantee		 1170335 MCF is sole
company law
member		 MCF and
Chairman of MCF
The Grand Charity Unincorporated
trust		 281942 MCF is sole
member		 MCF is sole
corporate trustee
The Royal Masonic
Trust for Girls and Boys		 Company limited
by guarantee		 1170336 MCF is sole
company law
member		 MCF and
Chairman of MCF
The Royal Masonic
Trust for Girls and Boys		 Unincorporated
trust		 285836 Trustees of MCF MCF is sole
corporate trustee
The RMIG Endowment
Trust		 Unincorporated
trust		 290883 MCF is sole
member		 MCF is sole
corporate trustee
The Masonic Samaritan
Fund		 Company limited
by guarantee		 1130424 MCF is sole
company law
member		 MCF and
Chairman of MCF
The Royal Masonic
BenevolentInstitution		 Unincorporated
trust		 207360 MCF is sole
member		 MCF is sole
corporate trustee
The Royal Masonic
Benevolent Institution
Care Company		 Company limited
by guarantee		 1163245 MCF is sole
company law
member		 Directors/trustees
of RMBICC
The Royal Masonic
Hospital Charity		 Unincorporated
trust		 205793 MCF is sole
member		 MCF is sole
corporate trustee
The Ruspini Fund Unincorporated
trust		 1176327 MCF is sole
member		 MCF is sole
corporate trustee
MCF Trading Limited Company limited
by shares		 N/A MCF is the sole
shareholder		 MCF appoints the
directors
RMBI Trading Limited Company limited
by shares		 N/A RMBI Care
Company		 RMBI appoints
the directors
Stability Investments
Limited		 Company limited
by shares		 N/A RMBI Care
Company and Latis
HomesLimited		 RMBI and Latis
Homes Limited
appoint directors

The bases for determining that the above charities are subsidiaries of the Charity are that they are effectively under the control of the Charity’s trustees and they undertake charitable activities which further the charitable aims of the Charity. The trustees of the Charity, as a body, either act as trustee of the charitable subsidiary or have the right to appoint the majority of trustees of the subsidiary.

MCF Trading Limited was incorporated on 28[th] April 2021 for the initial purpose of the development of the land at Bushey Grange.

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MASONIC CHARITABLE FOUNDATION

TRUSTEES’ ANNUAL REPORT

Governance and Management

The registered/main offices for all the above organisations is 60 Great Queen Street, London, WC2B 5AZ. Details of the summarised results are given in note 20 to the accounts on page 59. The organisations detailed in the table below were known collectively as the Central Masonic Charities (“CMCs”). The primary purpose of the consolidation of the activities of the CMCs under the Charity was to streamline the provision of support to beneficiaries and to provide greater flexibility in ensuring that support is prioritised towards those areas of greatest need.

reatest need.
Charity Name Reference Description of Charity
The Grand Charity TGC Grant making: individual beneficiaries and institutions
The Royal Masonic Trust for
Girls and Boys		 RMTGB Grant making: individual beneficiaries and institutions,
focusing upon relief of poverty and advancement of
education for children
The Ruspini Fund Ruspini Grant making: individual beneficiaries, focusing upon
relief of hardshipor distress of children
The RMIG Endowment Trust RMIGET Support for the Royal Masonic School and masonic
pupils at the school
The Masonic Samaritan Fund MSF Grant making: individual beneficiaries and institutions,
focusingupon health and disability,and medical research
The Royal Masonic
Benevolent Institution		 RMBI Grant making: individual beneficiaries, focusing upon end
of life care
The Royal Masonic
Benevolent Institution Care
Company		 RMBICC Provision of specialist nursing and dementia registered
care through operation of care homes

The trustee board is the ultimate decision-making and controlling body for the Charity. It delegates day to day operations to the executive management team in accordance with a schedule of delegated financial authorities. Additionally, a number of areas of governance are delegated to the committees detailed in the following table.

ollowing table.
Board/Committee Purpose Meetings
**per year **
Trustee Board Main decision-making body with ultimate responsibility for the Charity 4
Audit and Risk Identification and mitigation of risk (including cyber security),
oversight of external and internal audit		 2
Charity Grants Consideration of applications for grants from organisations registered
with the Charity Commission		 4
Finance Ensuring adequate procedures are in place to manage all aspects of
financial planning, controlling and reporting.		 4
Fundraising Supporting the Masonic community’s fund raising activities to support
the Charity		 4
Investments Maintaining investment strategies to meet the requirements of the
Charity, appointment and monitoring of fund managers		 4
Masonic Support Determines eligibility criteria and range of grants and support
services to individuals connected with the Masonic community		 4
Nominations Appointment oftrustees Asneeded
Property (RMTGB
only)		 Development and execution of strategies to optimise the returns from
the Charity’s property portfolio		 4

Page 6 of 83

MASONIC CHARITABLE FOUNDATION

TRUSTEES’ ANNUAL REPORT

Governance and Management (Continued)

Remuneration Determinationofexecutive and staffpay & benefits 2
Strategy Development and implementation of strategies to support the
Charity’s objectives. In addition, the trustees hold an annual
strategic‘away day’.		 2

The trustee board and committees also have regard to the affairs of the CMCs with the exception of The Royal Masonic Benevolent Institution Care Company (“RMBICC”) and its subsidiaries, which are run by their own board of trustees and committees.

With the exception of RMBICC, the CMCs do not employ any staff. Services are provided to the CMCs by the Charity and are recharged to the CMCs (excluding RMBICC) monthly, based upon the number of grants processed on behalf of each CMC.

The chief executive chairs a monthly senior leadership team meeting which handles all operational matters and prepares strategic papers for consideration by the trustees.

Appointment, Induction and Training of Trustees

Up to 18 trustees can be appointed to the board through selection by the nominations committee and approval by the Grand Master on the recommendation of the Grand Master’s Council. In addition, up to 5 persons may (in circumstances where a person having a specific skill or area of expertise is required to supplement the skills and expertise possessed by existing trustees or to fill a casual vacancy) on the recommendation of the nominations committee and with the approval of the Grand Master on the recommendation of the Grand Master’s Council be co-opted by the trustees. Trustees may include people who are not Freemasons. Following an extensive governance review the trustees have decided to reduce their number down to 15, and this will be achieved in the new year 2022/23.

Appropriate induction and training is provided for all new trustees and ongoing training is provided for existing trustees so that they are aware of their statutory obligations. Trustees are encouraged to contribute actively to the governance of the Charity. Specialist training is provided as required for trustees serving on committees.

The president and deputy president are appointed annually by the Grand Master on the recommendation of the Grand Master’s Council. The chairman and treasurer are elected by the trustees annually.

Remuneration of Key Management Personnel

The Charity’s policy is to reward executive managers according to their expertise and experience. The executive management benefit package comprises a basic salary, pension contribution and private health provision.

Basic salaries are reviewed annually against the charity sector as well as the wider professional market and information is presented to the chief executive for his consideration and then to the MCF remuneration committee. No member of the executive management team is able to make a decision on their own pay.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Objectives and Activities

Objectives

The Objects of the Charity are, for the public benefit, to:

The Charity meets its charitable objectives though activities that either focus on support for Freemasons and their dependants (“Masonic Support”) or on supporting need within wider society (“Charity Grants”).

When setting the objectives and planning the work of the Charity for the year, the trustees have given careful consideration to the Charity Commission’s general guidance on public benefit.

Activities

Masonic Support - Grants

The Charity provides grants to assist members of the Masonic community throughout their lives, from childcare support for pre-school children through to respite care for older people. Eligibility extends the greatest range of support to Freemasons and their immediately family members but provides some assistance to those who can demonstrate a close connection to a Freemason. The wide range of assistance offered is grouped into three core areas: daily living costs; health, care and wellbeing; and children, young people and education. Most grants involve a financial assessment to ensure support is targeted to those who need it most. In addition, independent living loans are offered to support people to adapt their homes to meet their mobility and health needs.

Daily Living Costs

Page 8 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Activities (Continued)

Health, Care and Wellbeing

Children, Young People and Education

The total of Masonic Grants expenditure is found in Note 6 to the accounts on page 40.

Advice and Support

The Charity provides practical and emotional support services that make a significant contribution to the health and wellbeing of the Masonic population.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Activities (Continued)

Response to the Coronavirus pandemic

Restrictions that were introduced due to the Covid-19 pandemic eased throughout the year and the MCF adapted working practices accordingly. Visits to beneficiaries’ homes by visiting volunteers had been curtailed but were re-started in August 2021. Similarly, advice and support team advisers undertook an increasing number of face-to-face visits as restrictions eased. By the end of the reporting year, processes were no longer significantly affected by Covid-19 and were operating in a way that offered the best efficiency and service for MCF and its beneficiaries.

The four annual holidays which are run in collaboration with local Freemason committees were postponed for both 2020 and 2021 but plans were made to reintroduce the holidays in the summer of 2022.

Charity Grants

Grants from the Charity are made to charities registered with the Charity Commission and whose beneficiaries are located across England and Wales. In addition, grants are provided for disaster relief support, both in the UK and overseas.

The Charity seeks to achieve the following main objectives through its charity grants programmes:

During the period covered by this annual report, the Charity continued to develop its key strategic partnerships with Age UK, Hospice UK and Home Start and made grants to charities in five key areas where public benefit is clearly demonstrated.

Early Years Opportunities – Grants to support charities that help disadvantaged children and young people overcome the barriers they face and achieve the best possible start in life. These grants help to create opportunities and a more positive future for thousands of disadvantaged young people through mental and physical health support, parenting programmes, pastoral care and learning and development opportunities.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Activities (Continued)

Later Life Inclusion – Grants to support charities that help people to overcome barriers enabling them to participate actively in society in their later years. These grants help people who face social isolation or loneliness through a range of services to support the physical and emotional needs of people as they age, including community-based programmes and access to healthcare, transport and technology.

Medical and Social Research - Grants to support social and medical research through PhD studentships.

Emergency Grants - Emergency grants are made in times of national emergency, both in the UK and overseas. These grants are made at the discretion of the Emergency Grants Panel to ensure rapid response by the Charity and are normally made through international relief organisations. Some grants are made in conjunction with the appropriate District or Provincial Grand Lodge.

Hospices - Grants are available to all hospice services in England and Wales that receive less than 60% of their income from the NHS. Hospice grants are awarded for running costs only and no contributions are made to capital appeals. The Hospice UK partnership programme provides additional grants to widen access and help improve local hospice services, with the focus this year on re-imagining day hospice services.

MCF operates two schemes to provide charitable grants via the Provinces:

The Duke of Edinburgh Memorial Fund

In memory of HRH The Duke of Edinburgh, a donation of £300,000 was made to The Duke of Edinburgh’s Award to enable children and young people with special educational needs to participate in the Award programme.

Funder Plus initiatives

The charity has embarked on a new funder plus initiative in partnership with The Cranfield Trust, who have been awarded £228,000 over two years to provide pro-bono consultancy and mentoring support to small and medium charities.

Response to the Coronavirus Pandemic

At the beginning of the Covid-19 crisis, the Charity, working in partnership with the United Grand Lodge of England (“UGLE”), set up several initiatives to provide additional support to communities across England and Wales, and this continued in 2021 with a Phase 2 RCG Covid-19 Fund major grant of £200,000 to Refuge to support their domestic abuse helpline.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Activities (Continued)

The total of charity grants expenditure is found in Note 6 to the accounts as Non-Masonic Grants on page 40.

Relief Chest Scheme

The Relief Chest Scheme (RCS), introduced in 1986, offers individual relief chests to lodges, chapters, provinces and other recognised Masonic organisations, which are used to generate funds for all types of charitable purposes. These funds are held by The Grand Charity unincorporated trust in a restricted fund. A donation is made from a relief chest to a charity, an organisation recognised as charitable, or for an individual in distress only at the request of the relief chest holder.

The RCS provides vital support to provinces in festival and other appeals, enabling them to reach their fundraising targets efficiently. It also ensures that all statutory compliance and administration requirements, for example, of the Charity Commission, Information Commissioner’s Office and HMRC have been met.

Investment in infrastructure and latest technology ensures that the RCS delivers a risk management framework in a cost efficient manner.

In 2018, RCS launched donor advised funds for individuals. The Individual Relief Chest Scheme (IRCs) programme was released in beta version. It is now open to all Freemasons, their families and friends. These funds are held by the Masonic Charitable Foundation in a restricted fund.

All services of the RCS are provided free, no administration fee is charged to the chest holder.

The services of the RCS, which assist donors to give to both Masonic and non-Masonic charitable activities efficiently, contribute to the public benefit by creating value for other charities and extending the Scheme’s positive impact.

The Charity is transforming Masonic charitable giving to make the process easy and to help give substantial donations each year to charitable causes.

The Charity is committed to helping Freemasons to make a difference to the world in which they live and to inspire greater generosity from this community, by offering practical tailored support through its wealth of resources and tools.

Maintaining and supporting the Festival and Donations IT system

In addition to the above, the RCS provides maintenance and support of the Festival and Donations IT system. This application is used for the festival management of the CMCs.

Maintaining and supporting the Honorifics Evaluation IT system (HONE)

RCS designed and developed an application (HONE) to manage the honorific programme for the Charity. This IT system is maintained and supported by RCS.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Activities (Continued)

Royal Masonic Benevolent Institution Care Company

The Royal Masonic Benevolent Institution Care Company (RMBICC) is a company limited by guarantee and a subsidiary of the MCF with a history spanning nearly 170 years of providing care for Masons and their dependants. A Board of 12 trustees oversees the strategic direction and running of the RMBICC which includes 2 MCF trustees.

Objects

The objects of RMBICC are to relieve the need, suffering and distress of the beneficiaries and for that purpose:

The primary objective is achieved by running fifteen care homes, one learning and or/physical disability service in England and two care homes in Wales, and financially supporting those who are unable to pay for the full cost of care.

Mission

The RMBICC provides residential, dementia, respite and nursing care across 17 locations for older people and younger learning and or/physical disability services at one location with a combined total of 1,121 placements. Its mission is to provide unique individual care, with kindness, support and trust helping deliver a service that we can all be proud of in making a real difference to people’s everyday lives. The Charity employs around 1,500 staff to meet support and care needs.

Fundraising

Fundraising income for the MCF is generated solely through Freemasons and their families. Within this, fundraising appeals, or festivals, provide the single largest source of income. Festival appeals are run on an “in aid of” basis by Masonic provinces. At 31 March 2022 there were 23 active festival appeals raising funds for the charity. During the year, four festival appeals were launched and four were completed.

The fundraising team provides ongoing practical support and advice to appeal committees. In 2021/22 additional guidance was developed in conjunction with the United Grand Lodge of England (“UGLE”) including an induction process for key fundraising stakeholders.

The biennial conference was held in October 2021. The conference brought together over 100 fundraising stakeholders to engage with their fellow fundraisers, members of the MCF fundraising team and other MCF staff. Further support was given to festival appeal teams through a series of online festival ‘drop-in’ surgeries.

The MCF and its subsidiaries receive a number of legacy gifts each year. The MCF is a charity partner of The Goodwill Partnership, providing free access to the will-writing service as a public benefit to freemasons and non-freemasons alike.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Achievements and Performance

Masonic Support

Significant achievements during the year include: -

Charity Grants

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Achievements and Performance (Continued)

Relief Chest Scheme

During the year, activity in the RCS included:

2022 2021
Number of Relief Chests 5,152 5,055
Average number of monthly donations into the Scheme 37,884 31,628
Average number of monthly tax reclaims 30,278 25,488
Average number of monthly payments from the Scheme 308 283
Number of new Relief Chests opened 144 72

Relief Chest holders utilised the Scheme by requesting charitable donations as follows.

Masonic Charitable Foundation
The Grand Charity (General Fund)
The Royal Masonic Trust for Girls and Boys
The Royal Masonic Benevolent Institution
Masonic Samaritan Fund
Other charitable purposes
Total
 2022
2021
£000
£000
5,986
5,955
2
88
240
382
400
453
21
83
2,885
2,761
9,534 9,722

The achievements during the year have enhanced our support and services therefore contributing towards the strategic objectives of the Charity. Key achievements included:

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Achievements and Performance (Continued)

Royal Masonic Benevolent Institution Care Company

Achievements

The RMBICC has responded robustly and ensured the safe management of services during the pandemic. All care homes as of the 31[st] March 2022 are in recovery from the impact of Covid-19 with each home manager receiving a British Citizen Honours Award for their services during the crisis.

In 2021, RMBICC was shortlisted for the HR Excellence Awards, in recognition of its crisis management strategy and support for staff through its health and wellbeing strategy. RMBICC continues to strive to be an employer of choice, embodying its values: Kind, Supportive and Trusted.

Carehome.co.uk recognised the RMBICC as a ‘Top 20 Mid-size Care Home Group’ for the fifth year running, and Albert Edward Prince of Wales Court, in Porthcawl, was identified as a ‘Top 20 Care Home’ in Wales. The awards are based on reviews submitted by residents and their families. Achieving such standards during a pandemic is all the more remarkable; it is a strong reflection of how the RMBICC supports those that live and work in our Homes.

Staff continue to wear Personal Protective Equipment (PPE) and testing remains in place for all visitors. RMBICC’s homes have retained strong regulatory ratings, and they passed all infection control inspections during the pandemic due to our robust internal audit and governance procedures.

547 new residents moved into RMBICC’s homes in 2021, which is a higher rate than was seen in 2019, pre Covid-19. This demonstrates the ongoing demand for RMBICC’s services, especially its nursing care and dementia support services.

The board and executive team have agreed an ambitious 20-year vision for the RMBICC. Over time, this will see an increase in the support that it is able to provide to our beneficiaries. This includes new build developments, like the first new care home in over a decade, which opens later this year in Berkshire.

Care and safety

In time, the RMBICC will look back on the pandemic and remember the stories of its residents and staff, and the lasting impact the experience has had on each of their lives.

Retaining an older persons charity within the ‘storms’ of a pandemic, often with a lack of clarity in guidance from the Government and statutory agencies, has perhaps been the biggest achievement for RMBICC. A Covid-19 review group, which consisted of specialist managers, was formed early to ensure the health and safety of our residents and staff.

RMBICC’s commitment to purchase PPE in excess of £1 M remains one of the most important actions taken to protect its staff, ensuring plentiful supplies were available at the beginning of the pandemic. Its innovative property team, who created visitor pods in every care home, enabled the RMBICC to support family visits throughout the past year. It also shared regular communications with residents and families to update on the changing Government guidance and how it affected them.

Maintaining strong communications with staff was just as crucial to give assurance and to address any concerns. A monthly digital newsletter was created for staff called ‘Keeping Strong Together,’ which included a personal message from the managing director. Purchasing Zoom, an online conferencing platform, prior to the pandemic, also helped inspire teams to find new ways to stay connected.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Achievements and Performance (Continued)

Royal Masonic Benevolent Institution Care Company (Continued)

Respecting the rights of families to visit loved ones is always a key priority; however, RMBICC management faced many tough decisions, including restrictions imposed by public health agencies under Government guidance. The RMBICC worked closely with local health authorities to ensure minimal disruption to family visits, whilst keeping residents and their relatives informed.

Over the last two years, all RMBICC’s homes have experienced cases of Covid-19, occurring in three distinct waves. The initial ‘Alpha’ wave affected the northern Homes, the ‘Delta’ wave was experienced more in the south, and the most recent ‘Omicron’ wave was widespread. With great regret and sadness, 115 residents passed away with Covid-19 during this two year period. Over 1,000 staff members, about 66% of the workforce, also tested positive, and we are pleased to say they all recovered. These are extraordinary statistics and very much in line with what the wider social care sector experienced.

Fortunately, RMBICC was able to benefit from various Government grants, totalling around £3 M. It responded to the mandating of vaccinations for social care staff and succeeded in retaining most of its workforce. Staff received a financial bonus to recognise how they went beyond the extra mile, and management now has a greater understanding of the importance of mental health and wellbeing for both residents and staff.

The RMBICC has emerged as a more dynamic and inclusive provider of residential, nursing and residential dementia care, with a well skilled workforce who are more resilient for their shared experience.

The RMBICC continues to operate within a challenging social care market. The demand for its services remains strong, and it continues to focus our care and support by living its values and helping to make a positive difference to residents’ lives.

Beneficiaries and Public Benefit

The RMBICC takes great care to ensure that applications for residence in the care homes are considered fairly and without prejudice: based on actual assessed need and a new dependency tool. The majority of admission decisions are made and applied by individual home managers. Only exceptional cases relating to financial hardship are referred to trustees for approval. Up to 30% of all placements are for non-freemasons, reflecting the diversity and added value to the wider community of our services.

The services provided are available to those with financial means or limited financial resources. The RMBICC complies with the Charging for Residential Accommodation Guide (CRAG) issued by the Department of Health. The resident numbers are split broadly 60:40 into those who are self-funding and those who are placed and funded by Local Authorities.

Non Operational Properties

In addition, the Charity runs approximately 64 non-operational properties, including some sheltered units for those who seek independence with minimal care provided.

The charity holds the freehold of 19/20 Great Queen Street which were the former head offices. Through a Special Purpose Vehicle with Latis Homes, the Stability Investment Limited, a subsidiary, was established to build four apartments for sale and the offer of a leasehold shop front. Walker Slater retain the leasehold shop front at 19 Great Queen Street, with one apartment sold and the three remaining to be marketed for sale in 2022/23.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Achievements and Performance (Continued)

Royal Masonic Benevolent Institution Care Company (Continued)

Impact Report

The Charity publishes an annual Impact Report which is available on our website.

Fundraising

Fundraising remained challenging throughout 2021/22 due to the ongoing restrictions in place due to the Coronavirus pandemic. We have continue to see strong resilience with donations made through regular direct debits and the use of gift aid envelope for charity collections is returning to pre-Covid-19 levels. In addition the introduction of Digital Donations have offered a further way for members to donate. This new way of making contributions will be heavily promoted over the coming months.

The fundraising committee continues to review both internal and external factors that may affect income generation and a new Donor Engagement Strategy has been developed to enhance how we maintain donations and engage with our donors.

Four Festival appeals concluded in the year including the first Festival for the MCF. Durham 2021 (RMTGB) - £3,477,887, West Lancashire 2021 (MCF) - £3,504,423, Northumberland 2020 (RMBI) - £3,2418,926 and South Wales 2021 (RMBI) - £5,664,893. The trustees are extremely grateful to Brethren and their families from these provinces for their support. The average per capita across these festivals was £757, which is slightly lower than the previous year but reflects the challenges that affected appeals in their final year due to the pandemic. The figure is however higher than the two years previous to last year.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Financial Review

Review of the Year

Whilst lodge activities resumed from June 2021, fund raising activity only restarted in earnest in the second part of the year. Monthly income trends finally exceeded their pre-pandemic levels in February 2022 and have progressed strongly in the first few months of the new financial year 2022/23, bolstered by the Ukraine appeal that has now raised over £1.1 M. The final instalments of the Covid-19 emergency support grants were paid out in May 2021.

Group income of £72.91 M was 7.5% higher than prior year. Fee income for the RMBICC increased by 4.2% to £43.82 M as occupancy slowly increased to an average of 874 (79%) in the homes (prior year: 860, 78%), with homes suffering outbreaks of Covid-19 continuing to be placed on embargo. The impact of the reduction of occupancy from normal target levels of 92% is to diminish revenue by circa £6.5 M per annum. It is expected that the RMBICC will return to the normalised levels of occupancy by 2023/24. Continued Government support was provided through Local Authority grants of £2.62 M (prior year: £2.68 M).

Excluding the RMBICC, group income increased by £3.3 M from the prior year as detailed by the following graphs:

----- Start of picture text -----
2021/22 Actual Income 2020/21 Actual
£26.37 M £23.07 M
Donations - Festivals
Donations - Other
4.46, 5.01,
5.94,
17% 6.47, 22%
26%
24% Legacies
2.87, 11% 1.45, 6%
Annual
3.60,
3.35, 4.47, contributions 3.48,
16%
13% 17% 15%
4.75, Rental 3.59,
15%
18%
Investment
----- End of picture text -----

Festival income increased by 8.9% following the resumption of lodge and festival activities. Other donations increased by 24.1% to £4.47 M, including £0.07 M for the Prince Philip Duke of Edinburgh memorial fund and £0.52M from the Ukraine appeal.

Rental income of £2.87 M was 98.0% above prior year. £1.87 M of this related to the agreement of heads of terms with the Royal Masonic School (RMS), whereby the £2.4 M rent waiver which supported the school following the impact of Covid-19 and associated lockdown will be included within the interim lease running from 1st September 2020 to 31st August 2026. Accounting standards provide for the rent free amount to be spread over the period of the lease, thus £1.77 M of the charge has been deferred to future years. The RMTGB’s London portfolio has continued to struggle following lockdown with several commercial tenants having decided not to renew their leases which expired during the course of the year. Support has continued to be given, where appropriate, with turnover-based rents to support tenants recovering from lockdown.

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MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Review of the Year (continued)

A number of significant legacies were bequested to group charities during the year with final total of £4.75 M being taken into account, an increase of 32.3% from the prior year.

Expenditure of £93.32 M was 2.5% higher than prior year, including the cost of running care homes of £61.22 M (up 2.8%). Excluding care home activities, expenditure was split as follows:

----- Start of picture text -----
Resources Expended Actual 2020/21 Actual
2021/22 £38.56 M £42.85 M
2.56, Generating Funds 2.60, 2.40,
2.70, 7% 2.43, 2.49, 6% 6%
7% 6% 6%
Masonic Grants
6.47, 11.50,
17% 12.59, Charitable Grants 11.30, 27%
33%
26%
RMBI Support Grant
11.81, 12.56,
30% Masonic Support 29%
Charitable Overhead
----- End of picture text -----

87% of expenditure was made for charitable purposes (2021: 88%). Charity grants reduced by 5.9% to £11.81 M as the Covid-19 emergency grants tailed off with expenditure of £0.83 M compared to £3.09 M in the prior year. Works on the backlog costs at the RMS ramped up during the course of the year with an increase in expenditure of 137.7% to £3.17 M. Masonic grants increased by 9.4% to £12.59 M mainly due to the resumption of activity in hospitals in the private sector, with medical grants increased by 112% to £3.73 M.

The net deficit before investment gains/(losses) for the year was £20.40 M (prior year: £23.24 M). The MCF CAIF continued to perform well during the year, both in absolute and relative terms, resulting in gains of £18.17 M (prior year gains: £45.15 M). The CAIF returned 10.3%, ahead of its benchmark (9.8%) and the ARC “steady growth” peer group (7.1%).

Performance of the overall portfolio, including the cash reserve, remained ahead of benchmark and peer group over the three-year horizon. However, there have been a number of headwinds which have impacted upon performance since March, and high rates of inflation will dampen prospects over the coming year.

Other recognised gains/(losses) included an actuarial gain on the RMBI’s pension scheme of £1.88 M (prior year gain: £0.07 M). The scheme now has a surplus of assets over liabilities amounting to £3.96 M

The net movement in funds for the year was a surplus of £2.30 M (prior year: £24.05 M).

The Group’s balance sheet remains very strong, with total funds of £416.23 M (prior year: £413.93 M) made up from investments of £255.40 M (61%), investment properties of £41.17 M (10%), RMBI operating properties of £73.49 M (18%), bank balances and short-term deposits of £44.72 M (11%) and other net assets of £1.45 M).

Page 20 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Principal Risks and Mitigation

The principal risks identified and agreed actions to mitigate are shown in the following table:

**Risk ** Consequence **Mitigation **
Significant unexpected
financial loss from operations		 Reputational damage, loss of
confidence with key stakeholders
and impact upon continuing
financial sustainability		 Strong financial procedures,
particularly budgetary planning
and control. Oversight from the
finance committee.
Inadequate liquidity to meet
financial commitments		 Poor service to beneficiaries and
reputational damage. Withdrawal
of key servicesfromsuppliers		 Cash flow forecasting and
liquidity planning within the
investment strategy
Significant long-term loss in
the value of the investment
portfolio		 Impacts financial sustainability and
reputational damage with donors		 Appointment of Asset Risk
Consultants as expert investment
advisors, providing monthly
performance reporting and
analysis. Oversight from
investment and property
committees.
Grants made outside the
Charity’s Objects and
operating guidelines		 Reputational damage, loss of
confidence with key stakeholders
and potential trustee liability		 Strong procedures and controls
for processing grants. Oversight
from Masonic Support and
Charity Grants committees
Cyberattack on IT systems All key operations are
compromised		 United Grand Lodge of England
(“UGLE”) and IT network
providers have strong security
procedures in place covering
access, protection, backups and
disaster recovery facilities
Data protection breach Reputational damage and
significant financial penalties		 Data protection policy, IT security
and HR policies in place
Fraud Financial loss, reputational
damage, adverse impact upon
staff		 Financial procedures,
segregation of duties, authority
limits, IT security, increased
awareness amongst staff
Unavailability of office
accommodation		 Operations compromised UGLE business continuity plan
andremoteworking procedures
Loss of paper records from
fire/flooding		 Breach of legal obligations,
adverse impact upon operations,
potential financial penalties		 Reduced reliance on paper
records with increased use of IT.
Lack of compliance with
employment legislation		 Breach of legal obligations,
potential financial penalties,
breakdown of staff morale and
adverse impact upon service
provision		 HR procedures and staff
handbook. Induction processes
for new staff. Ongoing
management training and
personal development review
Undue reliance on key
persons		 Operational breakdown, adverse
impact upon staff morale, poor
service to beneficiaries and
potential reputational damage		 HR procedures: organisational
and succession planning.
Comprehensive documentation of
procedures and controls

Risks are actively monitored by the executive and the senior leadership team, and formally reviewed by the audit and risk committee at its biannual meetings.

Page 21 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Reserves Policy

The key objective of the Charity’s reserves policy is to build up funds which can be applied in accordance with its wider objectives to meet beneficiaries’ needs, wherever they lie. With the exception of The Grand Charity and The Royal Masonic Benevolent Institution, the CMCs have specific objectives that may prevent the Group as a whole from applying funds to areas where support is most needed. Their reserves are accordingly treated as restricted funds in the Charity’s group accounts.

Following the commencement of operations of the Charity in April 2016, all future festivals will be targeted to raise funds for this new charity, whilst current grant expenditure is charged to the CMCs. Over time, the reserves of the CMCs will eventually diminish to a minimal level and the occasional legacy, at which time the Charity will take over full responsibility for the CMCs’ objectives.

The overall reserves policy for the group recognises that investment returns provide diversity of income and enables the Charity to operate at a level of circa 50% higher than would otherwise be the case. The policy is to retain the real value of the investment assets in order to maintain this contribution for the foreseeable future.

The RMBICC holds £43.5 M of free reserves that amounts to 9 months of annual expenditure. This is within the target range of 6 to 12 months held to manage the financial and business risks to which the RMBICC is exposed. Total group reserves of £416.23 M (2021: £413.93 M) include £296.57 M set aside to maintain future investment returns for funding additional expenditure in supporting beneficiaries, £67.23 M for replacing operating properties and other fixed assets and £52.43 M to cover operational requirements, primarily in the RMBICC. The current level of reserves is within the range recommended by the trustee board of £350.00 M to £450.00 M, and is kept under regular review.

Investment Policy and Performance

The Group’s global investment strategy seeks to protect the capital value of investments that are required to fund operations for a two-year time horizon (the “Cash Reserve”) and to invest all remaining funds for long term growth, on a total return basis, with an overall objective of making a return of RPI plus 3% net of all expenses.

The Cash Reserve is provided by Royal London Asset Management and utilises three of their funds, which provide a mix of instruments, including cash instruments, Treasury Bills, covered (secured) bonds, corporate bonds, Supranationals and mortgage-backed securities. The performance objectives of the three funds are:

The Charity sponsored the launch of the Masonic Charitable Foundation Investment Fund CAIF, which took place on 1[st] October 2018. This is a unit trust with a highly efficient tax wrapper in which the MCF and all its subsidiary charities own their shares in the form of units. Units will be sold as required in order to top up the Cash Reserve on a quarterly basis. The investment strategy is directed for “Steady Growth”, which is a medium-high risk strategy. Risk is managed through diversification, with the funds split between four different fund managers operating on multi asset mandates but utilising differing investment management styles. The overall fund manager is Thesis Unit Trust Management Limited and the custodian in Northern Trust.

Page 22 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Investment Policy and Performance (Continued)

The asset allocation for the CAIF was amended on 1[st] April 2019 by the investment committee following advice from Asset Risk Consultants. The strategic and actual asset allocations as at 31[st] March 2022 are shown in the following table:

hown in the following table:
Asset Class Strategic
Allocation		 Benchmark Actual 31st
March
2022
Cash 0.00% SONIA 3.20%
FixedIncome 7.50% FTSEUK World Gov. BondIndexGBP 4.40%
International Equity 28.75% MSCI World ex UK NR GBP 56.40%
Int’nl Equity GBP hedged 12.00% MSCI World ex UK Hedged NR GBP 3.40%
U.K. Equity 18.00% MSCI UK Equity NR GBP 18.50%
Emerging Market Equity 12.50% MSCI Emerging Markets Equity NR GBP 2.80%
Global EquityHedge 13.75% HFRXGlobal EquityHedge GBP 0.00%
Alternative Investments 3.75% HFRX Global Hedge Fund GBP 7.80%
Property 3.75% IAUK DirectPropertyTR 3.50%
100.00% 100.0%

In order to balance property exposure across the Group, some of the subsidiary charities also made direct investments into the CCLA property fund.

Performance under the new arrangements is shown in the following table:

MCF CAIF RLAM
Short Term		 RLAM
Cash Plus		 RLAM
Enhanced		 CCLA
Fund at 31stMarch 2022 £203.40 M £6.87 M £26.92 M £9.47 M £0.76 M
Investment approach Steady
Growth Multi-
Asset		 Capital
Protection		 Capital
Protection		 Capital
Protection		 Income &
long-term
Capital
Growth
Benchmark Composite SONIA SONIA SONIA MSCI/AREF
UK other
balanced
property
Peer Group ARC Charity
GBP Steady
Growth		 None None None ARC Charity
GBP Steady
Growth
Return for the year 10.30% 0.13% (0.09)% (0.65)% 19.30%
Benchmark return for year 9.80% 0.14% 0.14% 0.14% 9.70%
Peergroupreturn foryear 7.10% N/A N/A N/A 7.10%
3 year return 33.00% 0.38% 0.64% 0.80% 27.00%
3 yearbenchmark 26.90% 0.28% 0.28% 0.28% 2.50%
3 yearpeergroup 22.40% N/A N/A N/A 22.40%

The CAIF has continued to perform strongly during the year, hitting a peak of just over £133.00 per unit at 31[st] December. It fell back in the final quarter due to geopolitical and inflationary concerns, but received strongly in the latter part of March. As at 31[st] March 2022, the CAIF was valued at £129.73 per unit.

Page 23 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Streamline Energy and Carbon Reporting

Introduction

The Companies (Directors’ Report) and Limited Liability Partnerships (Energy and Carbon Report) Regulations 2018 (“the 2018 Regulations”) implement the Government’s policy on Streamlined Energy and Carbon Reporting (SECR). This legislation came into force on the 1[st] April 2019 and affects:

Under SECR large unquoted companies including charitable organisations are obliged to report their UK energy use and associated greenhouse gas emissions as a minimum relating to gas, electricity and transport fuel, as well as an intensity ratio and information relating to energy efficiency action, annually through their annual reports.

The Group is a large unquoted company and is required to comply with SECR.

Reporting requirements: This is the third year of reporting for MCF Group under SECR. The reporting will be carried out annually and the relevant data and emissions will be included in our Annual Report. Emissions from previous year are also included as required by SECR guidance.

Summary of Group emissions for 2021/22

UK greenhouse gas emissions and
energy use data for the period 1 April
2021 to 31 March 2022		 Current Year
2021/22		 Previous
Year
2020/21		 Units
Energy consumption used to calculate
emissions		 27,528,532 27,700,175 kWh
Energy consumption break down
Gas total 21,657,456 21,999,504 kWh
Purchasedfuel(Generators) 5,106 7,473 kWh
Electricity total 5,409,426 5,323,912 kWh
Transport fuel total 456,544 369,285 kWh
Scope 1emissions
Gas consumption 3,966 4,045 tCO2e
Owned transport 55 63 tCO2e
Other Fuel (generators) 1.21 1.7
Scope 2 emissions
Purchased electricity 1,149 1,241 tCO2e
Scope 3 emissions
Business travel in employee-owned
vehicles		 57 28 tCO2e
Total Gross emissions 5,228 **5,379 ** tCO2e
Intensity Ratio Tonnes CO2e per
employee		 4.55 4.44 tCO2e/FTE

Page 24 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Streamline Energy and Carbon Reporting (Continued)

Methodology

We have followed the 2019 HM Government Environmental Reporting Guidelines. We have also used the GHG Reporting Protocol – Corporate Standard and have used 2021 UK Government's Conversion Factors for Company Reporting.

MCF group has tried to include 100% of emissions from the parent company and all subsidiaries in the SECR reporting. Apart from the RMBI Care Co. care homes and MCF HQ, the majority of MCF properties are leased out and therefore MCF is not the energy user. Where properties are vacant, billed consumption has been included in the SECR submissions. Although meter readings from our properties were taken on the 31[st] of March 2022, a substantial part of the energy use (electricity) is estimated as billed by the energy suppliers. Some properties showed negative consumption for the reporting year due to corrections in consumption following the meter readings. In addition, grey fleet data is not complete, and the average car conversion factor was used to convert petrol and diesel mileage data as data on car type was not available.

Intensity ratio

The chosen intensity measurement ratio is total gross emissions in metric tonnes CO2e per full time employee (FTE). During 2021/2022 the number of FTE for MCF group was 1,150 which includes FTE for our biggest subsidiary, RMBI (1,060 FTE for 2021-22).

Energy efficiency actions

No energy efficiency actions were taken in this reporting year.

Our overall emissions for 2021-22 have decreased and this is mainly due to conversion factors. Our use of electricity and gas in our properties has increased compared to the previous year as expected due to the fact that our operation is getting back to normal following two years of Covid-19. This is also obvious in our grey fleet data (mileage).

As of 31 March 2022, our agents read the meters and intend to do so going forward. This will ensure that actual figures for electricity and gas will be submitted in future.

MCF company is continuing to work closely with RMBI Care Co. as their largest subsidiary, to address their environmental impacts and reduce their emissions. Since March 2019, RMBI Care Co. has been working with Lantern (UK) Ltd as their trusted sustainability partner and have initiated a number of sustainability projects to address energy consumption within their care homes. RMBI also has a recently adopted Sustainability Strategy.

Page 25 of 83

MASONIC CHARITABLE FOUNDATION

STRATEGIC REPORT

Plans for Future Periods

In December 2017 the Board approved a five year (2018 – 2022) strategy that outlines the Charity’s activities and priorities for the future. The strategy establishes the Charity’s vision for the Masonic community and wider society and defines its mission statement as “To be a force for good by providing support, care and services to Freemasons and their families in need, and supporting other charities to help the most disadvantaged in society”. The strategy has three strategic goals:

  1. To enhance support and services. The Charity will extend the range of its support and services in response to the changing needs of its beneficiaries, and support charities to help those in need across England, Wales and internationally.

  2. To improve ways of working. The Charity will measure the impact of its grant-making, services and support and evolve accordingly. It will align and strengthen its relationship with UGLE and the Masonic community, and ensure it is in a position to support those in need for generations to come.

  3. To raise profile. The Charity will become known throughout Freemasonry and reach out to wider society to be recognised as a leading charitable foundation in the UK.

The strategic goals will be carried forward into 2022/23 while the charity creates a new strategy for the years ahead. To enable it to achieve these goals over the next 12 months the Charity will undertake the following activities:

Page 26 of 83

MASONIC CHARITABLE FOUNDATION STATEMENT OF TRUSTEES RESPONSIBILITIES Statemont of Responsibllities The Irustees, who are also the directors of th8 Charity for the purposes of company law, ar8 responsible for preparing the trustees, report and financial statements in accordance with applicable law and United Kingdom Accounting Standards (U.K. "GAAP"). Company law requires the trustees to prepar8 financial statements for each financial year which giv8 a true and fair view of the state of affairs of the Charity and the Group and of the income and expenditure of th8 Group for thal year. In preparing these financial slalements, the trust8es are required to.. select suitable accounting polici8s and than apply them consistenlly., observe the methods and principles in Accounting and Reporting by Chanties: Statement of Recommendad Pra¢liGe applicable lo charities preparing their financial slalemenls in accordance with the Financial Reporting Standard applicable in the United Kingdom and Republic of Ireland (FRS102)' make juégemenls and estimates that are reasonable and prudent- state whether United Kingdom accounting stanéards have been followed, sublect to any material departures disclosed and explaineé in the financial slalements., and prepare the financial statem8nts on the going concern basis unless il is in8ppropriat8 to presume that the charity will continue to operate. The trustees 8r8 responsible for keeping proper accounting records that dlsclose with reasonable accuracy at any time the financial position of the Charity and the Group and enable them to ensure that the financial slatemenls comply with the Companies Act 2006. They are also responsible for safeguarding Ihe assets of the Charity and for taking reasonable steps for the preventlon and detection of fraud and other irregularities. Statement of Dlsclosure of Information to Audltor Each of the trustees has confim18d that there is no information of which they are aware which is relevant to the audit, but of which the auditor is unaware. They have further confirmed that they have taken appropriate steps to identify such relevant information and to establish that the auditor is aware of such information. Audltor A resolution proposing ih81 Knox Cropper LLP be reappolnted as audilor will be PLrt to the members. Approval by Trustees This report, including the strategic report, was approved by the trustees on 15th September 2022 and signed on their Ifby Sir Paul WilllamsTBE, KSIJ, DL Chaimian, MCF Page 27 of 83

MASONIC CHARITABLE FOUNDATION

REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF THE MASONIC CHARITABLE FOUNDATION

Opinion

We have audited the financial statements of the Masonic Charitable Foundation (the “Charitable Company”) and its subsidiaries (‘the Group”) for the year ended 31 March 2022 which comprise the Consolidated Statement of Financial Activities, the Consolidated and Parent Charity Balance Sheets, Consolidated Statement of Cash Flows and notes to the financial statements, including a summary of significant accounting policies. The financial reporting framework that has been applied in their preparation is applicable law and United Kingdom Accounting Standards, including Financial Reporting Standard 102 The Financial Reporting Standard applicable in the UK and Republic of Ireland (United Kingdom Generally Accepted Accounting Practice).

In our opinion the financial statements:

Basis of opinion

We conducted our audit in accordance with International Standards on Auditing (UK) (ISAs (UK)) and applicable law. Our responsibilities under those standards are further described in the Auditor’s responsibilities for the audit of the financial statements section of our report. We are independent of the group in accordance with the ethical requirements that are relevant to our audit of the financial statements in the UK, including the FRC’s Ethical Standard, and we have fulfilled our other ethical responsibilities in accordance with these requirements. We believe that the audit evidence we have obtained is sufficient and appropriate to provide a basis for our opinion.

Conclusions relating to going concern

In auditing the financial statements, we have concluded that the trustees’ use of the going concern basis of accounting in the preparation of the financial statements is appropriate.

Based on the work we have performed, we have not identified any material uncertainties relating to events or conditions that, individually or collectively, may cast significant doubt on the Charitable Company’s ability to continue as a going concern for a period of at least twelve months from when the financial statements are authorised for issue.

Our responsibilities and the responsibilities of the trustees with respect to going concern are described in the relevant sections of this report.

Other information

The other information comprises the information included in the annual report, other than the financial statements and our auditor’s report thereon. The trustees are responsible for the other information.

Our opinion on the financial statements does not cover the other information and, except to the extent otherwise explicitly stated in our report, we do not express any form of assurance conclusion thereon.

Page 28 of 83

MASONIC CHARITABLE FOUNDATION

REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF THE MASONIC CHARITABLE FOUNDATION

Our responsibility is to read the other information and, in doing so, consider whether the other information is materially inconsistent with the financial statements or our knowledge obtained in the course of the audit or otherwise appears to be materially misstated. If we identify such material inconsistencies or apparent material misstatements, we are required to determine whether there is a material misstatement in the financial statements themselves. If, based on the work we have performed, we conclude that there is a material misstatement of this other information, we are required to report that fact. We have nothing to report in this regard.

Opinion on other matters prescribed by the Companies Act 2006

In our opinion, based on the work undertaken in the course of the audit:

.

Matters on which we are required to report by exception

In the light of the knowledge and understanding of the Group and the Charitable Company and its environment obtained in the course of the audit, we have not identified material misstatements in the strategic report or the directors’ report included within the trustees’ report.

We have nothing to report in respect of the following matters where the Companies Act 2006 requires us to report to you if, in our opinion:

Responsibilities of Trustees

As explained more fully in the Trustees' Responsibilities Statement set out on page 27, the trustees (who are also the directors of the Charitable Company for the purposes of company law) are responsible for the preparation of the financial statements and for being satisfied that they give a true and fair view, and for such internal control as the trustees determine is necessary to enable the preparation of financial statements that are free from material misstatement, whether due to fraud or error.

In preparing the financial statements, the trustees are responsible for assessing the Group’s and Charitable Company’s ability to continue as a going concern, disclosing, as applicable, matters related to going concern and using the going concern basis of accounting unless the trustees either intend to liquidate the group or parent charity or to cease operations, or have no realistic alternative but to do so.

Page 29 of 83

MASONIC CHARITABLE FOUNDATION REPORT OF THE INDEPENDENT AUDITOR TO THE MEMBERS OF THE MASONIC CHARITABLE FOUNDATION Audilor's re3ponsiblllties for the audlt of the financial statements Our objectives are to obtain reasonable assurance about whether th8 financial stalements as a whole are free from malenal misslalement, wh8ther due to fraud or error, and lo issue an aLAdilor's report that includes our opinion. Reasonable assuran￿ is a high level of assurance, but is not a guarantee that an audit conducted in aGcordanGe with ISAS (UK) will alw8ys detect a material misstatement when it exists. Misslatemenls can arise from fraud or error and are considered material if, individually or in the aggregate. they could reasonably be expected to inflLrence the economic decisions of users taken on the basis of thes8 financial stal8ments. Irregularities, including fraud, are instances of non-compliance with laws and regulations. We design procedur6s in line with our responsibilities, outlined above, to detect material misstatements in respect of irregularities, including fraud. The exlenl to which our procedures are capable of delecling irregularities, including fraud Is detailed below.. The Group is required to complywilh both company law and charity law and, based on our knowledge of its activities, we identified that the legal requir8ment lo correctly account for restricted funds is of key significance. The Group is also required lo comply with the Health and Social Care Act and the regulations issued Ihereunder and complianc8 with these is a key issue. We gained an understanding of how the Group complied with its legal and regulatory framework, including the requirement to properly account for reslricled funds and to comply with the Heath and So¢ial Care Act, through discussions with management and a review of the documented policies, procedures and Controls. The audit team, which is experienced in the audit of charities, considered the Group's su5ceplibility io material misstatement and how fraud may occur. Our considerations included the risk of management override. Our approach was to check that all restricted income wa5 properly identified and separately accounted for and lo ensur8 that only valid and appropriate exp8nditure was charged to reslricled funds. This included reviewing journal adjuslmenls and unusual transactions. We also reviewed reports ISSU8d for the care homes. by the Care Quality Commission, to ensure there were no cas8s of non- compliance. A further description of our responsibilities for the audit of the financial statements is located on the Financial Reporling Council's website al.. www.fr auditorsres onsibilitie foms part of our auditor's report. This description Use of tho audll report This report is made solely to the Charilable Company's members In accordance with Chapter 3 of Part 16 of the Companies Act 2006. Our audit work has been undertaken, so that we rnight state to the charitable company's member those matters we are required to slate lo them in an auditor's report and for no other purpose. To the fullest extent pemiilled by law, we do not accept or assume responsibility to anyone other than the Charitable Company and the Charitable Company's members for our audit work, for this report or for the opinions w6 have formed. Neil Wilkinson FCA Senior Ststulory Auditor for and on behalf of Knox Cropper LLP Statutory Auditor 65 Leadenhall Street, London EC3A 2AD Page 30 of 83

YEAR ENDED 31 MARCH 2022

MASONIC CHARITABLE FOUNDATION

CONSOLIDATED STATEMENT OF FINANCIAL

ACTIVITIES (Including an Income and Expenditure Account)

Note
INCOME
Donations and legacies
2
Annual contributions from Lodges
Charitable activities
3
Investment income
4
Transfer in of Compass Housing
Other income
Total income
EXPENDITURE
Cost of generating funds
7
Investment management costs
5
Charitable activities
Masonic grants
6,7
Non-Masonic grants
6,7
Residential and care homes
Total expenditure
Net gains/(losses) on investments
13
Net income/(expenditure)
Transfers between funds
OTHER RECOGNISED GAINS/(LOSSES)
Actuarial gains/(losses) on pension scheme
Pension Liability Buy out
NET MOVEMENT IN FUNDS
Total funds brought forward
Total funds carried forward		 Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
10,488
5,200
0
15,688
13,134
3,353
0
0
3,353
3,475
0
46,440
0
46,440
44,725
1,112
6,063
156
7,331
6,459
0
99
0
99
0
4
0
0
4
50
14,957
57,802
156
72,915
67,843
(596)
(225)
0
(821)
(738)
(408)
(1,155)
(47)
(1,610)
(1,660)
(1,004)
(1,380)
(47)
(2,431)
(2,398)
(5,663)
(11,738)
0 (17,401) (15,774)
(2,553)
(9,709)
0 (12,262) (13,379)
0
(61,223)
0 (61,223) (59,528)
(8,216)
(82,670)
0 (90,886) (88,681)
(9,220)
(84,050)
(47) (93,317) (91,079)
4,504
14,441
1,823
20,768
47,140
10,241
(11,807)
1,932
366
23,904
0
5,365
(5,365)
0
0
0
1,876
0
1,876
72
0
53
0
53
72
10,241
(4,513)
(3,433)
2,295
24,048
62,275
337,616
14,043
413,934
389,886
72,516
333,103
10,610
416,229
413,934

All income and expenditure derive from continuing activities and all gains/losses are included in the statement of financial activities

The notes on pages 34 to 62 form part of these financial statements. The prior year figures are analysed by fund in note 21 on page 60.

Page 31 of 83

MASONIC CHARITABLE FOUNDATION BALANCE SHEET as at 31 March 2022 Company Number 09751836 Note March 2022 Group Company £'ooo £'ooo March 2021 Group Company £'ooo £'ooo FIXED ASSETS Intangibl6 assets Tangible assets Investment properties Investments 10 70 77,299 41,166 212,126 70 111 388 77,035 39,424 44,348 213,049 44,806 329,619 111 488 12 13 31,376 330,661 CURRENT ASSET3 Debtors Investments Short term deposits Cash al bank and in hand 31,975 14 13 9,760 43,274 15,953 28,763 2,261 8,604 51,536 19,817 4,273 19.296 6,534 99.253 4,912 6,032 97,750 CURRENT LIABILITIES Creditors falling due within one year NET CURRENT ASSETS TOTAL ASSETS LESS CURRENT LIABILITIES Creditors falling du8 after one year Pension scheme assevlliabilily) Total net a8Set8 10,944 15 (14,356) (2,924) (15.7461 (1,072} 83,394 3 610 83.507 9,872 48,416 413,126 414,055 41,847 15 16 (1,785) 3,959 1394) (1,2381 2,046 (227) 416,229 48,022 413,934 41,620 CHARITABLE FUNDS Endowment fund8 17 10,610 17,18 333.103 17 Ro8trlctad Income fund8 Unreslricted fund8 14.043 1,041 337.616 46.982 62.275 949 72,516 Total ¢harltable funds 40.671 416,229 48.023 413,934 The financial slalemenls were approved and authorised for issue by the Trustee Board on 15 September 2 signed on their behalf by.. 41.620 •LTcLJ Sir Paul Williams, OBE. KSTT, DL Chairman Michael Heenan Treasur8r The note5 on pages 34 to 62 form part of these financial statements Page 32 of 83

MASONIC CHARITABLE FOUNDATION

CONSOLIDATED STATEMENT OF CASH FLOWS

YEAR ENDED 31 MARCH 2022

Note
Operating Activities
Net cash provided by/(used in) Operating Activities
A
Cash flows from investing activities
Dividends, interest and rents from investments
Proceeds from the sale of tangible fixed assets
Purchase of tangible fixed assets
Transfer in of Compass Housing assets
Purchase of intangible fixed assets
Proceeds from the sale of investments
Purchase of investments
Net cash provided by/(used in) Investing Activities
Cash flows from financing activities
Bank loan
Repayment of bank loans
Net cash provided by/(used in) Financing Activities
Change in cash and cash equivalents in the reporting period
Cash and cash equivalents at the beginning of the reporting period
Cash and cash equivalents at the end of the reporting period
24
Notes on the cash flow statement
A
Reconciliation of net income/(expenditure) to net
cash flow from operating activities
Net income/expenditure as per the Statement of
Financial Activities
Adjustments for:
Depreciation charges
Dividends, interest and rents from investments
(Gains) in investments (excluding within cash balances)
Movements in defined benefit pension scheme
Loss on sale of tangible fixed assets
(Increase) in debtors
(Decrease)/increase in creditors
Net cash provided by/(used in) Operating Activities		 2022
2021
£'000
£'000
(29,114)
(30,079)
7,331
6,459
2,021
0
(6,413)
(7,602)
(77)
0
(2)
(14)
61,280
74,342
(30,092)
(41,821)
34,048
31,364
669
0
0
(1,033)
669
(1,033)
5,603
252
39,113
38,861
44,716
39,113
366
23,904
4,070
3,909
(7,331)
(6,459)
(23,738)
(50,547)
0
(44)
179
0
(1,156)
(1,041)
(1,504)
199
(29,114)
(30,079)

Page 33 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

1. ACCOUNTING POLICIES

(a) Statement of compliance

The financial statements of the Masonic Charitable Foundation and its subsidiaries (the “Group”) have been prepared in accordance with applicable UK accounting standards, including Financial Reporting Standard 102 “The Financial Reporting Standard applicable in the United Kingdom and the Republic of Ireland” (“FRS 102”). Additionally, they comply with the Companies Act 2006, the Charities (Accounts and Reports) Regulations 2008 and the Statement of Recommended Practice “Accounting and Reporting by Charities” (FRS 102 second edition) published in 2019 (the “SORP”) in all material respects. The Charity meets the definition of a public benefit entity under FRS 102.

(b)

Basis of preparation

The financial statements have been prepared on a going concern basis under the historical cost convention, as modified by the revaluation of investments and investment properties, on a basis consistent with previous years. The functional currency of the Group is considered to be Pounds Sterling because that is the currency of the primary economic environment in which the Charity operates.

The Charity commenced activities from 1[st] April 2016. The Charity has taken advantage of the exemption conferred by Section 408 Companies Act 2006 and has not presented a separate charity statement of financial activity.

(c) Basic of consolidation

Consolidated financial statements have been prepared on a line by line basis, and uniform accounting policies have been used.

(d) Going concern

The trustees have assessed whether the use of the going concern assumption is appropriate in preparing these financial statements. The trustees have made this assessment in respect to a period of one year from the date of approval of these financial statements.

The trustees of the Charity have concluded that there are no material uncertainties related to events or conditions that may cast significant doubt on the ability of the Charity to continue as a going concern. The trustees are of the opinion that the Charity will have sufficient resources to meet its liabilities as they fall due.

Page 34 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

(e) Incoming resources

Revenue is recognised when the significant risks and rewards of ownership have been transferred, the amount of revenue can be measured reliably, it is probable that future economic benefits will flow to the Group and when the specific criteria relating to certain of the Group’s revenue channels have been met, as described below:

(f) Resources expended

Liabilities are recognised as expenditure as soon as there is a legal or constructive obligation committing the Group to that expenditure, it is probable that settlement will be required and the amount of any obligation can be measured reliably. All resources expended are recognised on an accruals basis, with the exception of grants as noted below.

Expenditure on generating funds includes costs of fundraising and maintenance of festival and donor records, together with the management of the investment and property portfolios. These costs include the allocation of support costs relating to these activities.

Charitable activities are split between masonic activities and grants awarded to external institutions (designated as “non-Masonic” within the SOFA).

Masonic activities include the payment of grants directly to beneficiaries together with related welfare and support costs. Non-Masonic activities consist of the payment of grants to external institutions. Support costs are allocated to these activities on the bases laid out in note 7.

Grants are recognised as expenditure in the year in which the grant is formally approved by the Charity and has been communicated in writing to the recipient, except to the extent that it is subject to conditions that enable the Group to revoke the award.

The provision for multi-year grants is recognised at its present value when settlement is due over more than one year from the date of the award, there are no unfulfilled performance conditions under the control of the Group that would permit it to avoid making future payments, settlement is probable and the effect of discounting is material. The discount rate used is the long-term return of inflation plus 4 percent used as the target for the Group’s investment portfolio.

Page 35 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

(g) Employees

All staff are employed by the Charity and recharged to subsidiary charities based upon the relative number of grants processed by those charities.

(h) Fund accounting

Restricted funds are subject to specific conditions imposed by the donors and/or for the purposes for which they are raised. The aim of each material restricted fund is set out in note 18. Unrestricted funds may be utilised for any purpose in accordance with the charitable objectives of the Group.

(i) Intangible fixed assets

Intangible fixed assets, consisting of computer software, held by the Group are stated at cost less accumulated depreciation and any accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use. Intangible fixed assets are subject to review for impairment when there is an indication of a reduction in their carrying value. They are reviewed annually and any impairment is recognised in the year in which it occurs. The threshold for capitalisation is £10,000 and depreciation is calculated using the straight-line method to allocate the cost of each asset less its residual value over its useful life, estimated at 4 years. Assets in the course of construction are not depreciated until available for use.

(j) Tangible fixed assets

Tangible fixed assets, excluding land and investment properties, held by the Group are stated at cost less accumulated depreciation and any accumulated impairment losses. Land is stated at cost less any accumulated impairment losses. Cost includes the original purchase price and costs directly attributable to bringing the asset to its working condition for its intended use. Fixed assets are subject to review for impairment when there is an indication of a reduction in their carrying value. They are reviewed annually and any impairment is recognised in the year in which it occurs. Assets in the course of construction are stated at cost and not depreciated until available for use. The threshold for capitalisation is £10,000.

In line with the revised FRS102, depreciation for freehold and leasehold properties (with a lease life of more than 50 years) have been provided on a straight line basis at rates between 2% to 10%, depending on its useful economic life of the component parts of properties. Depreciation is calculated on other assets using the straight-line method to allocate the cost of each asset less its residual value over its estimated useful life, as follows:


i.
ii.		 Asset
Short leasehold improvements and furniture
Motor vehicles, computers and equipment		 Years
10
4

Page 36 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

(k) Investment properties

Investment properties are measured at fair value by third party professional valuers on an annual basis using RICS Red Book valuation rules. Gains or losses are recognised within the Statement of Financial Activities. No depreciation is provided on investment properties. They are reviewed annually and any impairment is recognised in the year in which it occurs.

(l) Social Investment Property – Royal Masonic School

This social investment property has been valued through the discounting of expected future lease payments using a yield of 5.5% as the cost of capital, less the residual value of the provision for backlog repairs. This provision is being released back to the endowment fund in line with the works being completed and charged to the unrestricted general reserve. The provision for backlog repairs is reviewed on an annual basis, and adjusted as required in accordance with the evolving cost for the planned works. Gains or losses are recognised within the Statement of Financial Activities. No depreciation is provided on social investment properties.

(m) Investments

Investments are recognised initially at fair value which is normally the transaction price excluding transaction costs. Subsequently, they are stated at market value. All realised and unrealised gains and losses are recognised within the Statement of Financial Activities. Investments which the Group holds for resale or pending their sale and cash or cash equivalents with a maturity date of less than one year, which are held for investment purposes, are disclosed as current asset investments.

(n) Financial assets and liabilities

The Group has chosen to adopt Sections 11 and 12 of FRS 102 in respect of financial instruments. Financial assets and liabilities are recognised when the Group becomes a party to the contractual provisions of the instrument.

Financial assets and liabilities which qualify as basic financial instruments are initially recognised at the settlement amount after any trade discounts. They are subsequently valued at amortised cost and assessed for impairment at the end of each reporting period. Where settlement is not expected within 12 months of the balance sheet date, then the asset or liability is discounted using the long term return of inflation plus 4 percent used as the target for the Group’s investment portfolio . Basic financial instruments include debtors, cash and creditors within the balance sheet.

(o) Provisions

Provisions are recognised when the Group has a present legal or constructive obligation as a result of past events, it is probable that an outflow of resources will be required to settle the obligation and the amount has been reliably estimated. Provisions are discounted to present value where the effect is material.

Page 37 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

(p) Contingencies

Contingent liabilities are potential future cash outflows, where the likelihood of payment is considered more than remote, but is not considered probable or cannot be measured reliably. These are not recognised but are disclosed in the notes to the financial statements.

Contingent assets are potential future cash inflows of economic benefits where the likelihood of receipt is considered more than remote, but is not considered probable or cannot be measured reliably. These are not recognised but are disclosed in the notes to the financial statements.

(q) Foreign currencies

Transactions denominated in foreign currencies are translated into Pounds Sterling at the exchange rates ruling at the date of transaction. Monetary assets and liabilities denominated in foreign currencies are translated into Pounds Sterling at the rate ruling at the balance sheet date. All foreign exchange gains and losses, realised and unrealised, are recognised in the Statement of Financial Activities.

(r) Taxation

The Group is exempt from taxation on its income and gains falling within Part 11 of the Corporation Tax Act 2010 or section 256 of the Taxation of Chargeable Gains Act 1992 to the extent that they are applied to its charitable activities. The Group is unable to recover Valued Added Tax (VAT) incurred on expenditure except on property related costs where an option to tax has been taken and the development of new investment properties. The amount of VAT that cannot be recovered is included within the underlying cost to which it relates.

(s) Pension costs

Defined contribution pension plans are accounted for in the year in which the contributions are payable. Differences arising between contributions payable and amounts actually paid are shown as either accruals or prepayments in the Balance Sheet.

Multi-employer defined benefit pension plans are accounted for on the same basis as defined contribution plans. Where there is an agreement in place to fund a past service deficit, full provision is made for the total deficit contributions payable.

Other defined benefit pension plans are accounted for based on actuarial estimations of scheme liabilities and the fair value of scheme assets. Actuarial valuations are obtained at least triennially and are updated at each balance sheet date. The resulting defined benefit asset or liability is separately disclosed on the Balance Sheet. Net interest costs arising on the assets and liabilities are included as part of charitable activities. Actuarial gains and losses arising are included under other recognised gains and losses.

Page 38 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

2.
DONATIONS AND LEGACIES
Festivals
Other donations
Legacies
3.
CHARITABLE ACTIVITES
Residents' Fees Receivable
Other charitable income
4.
INVESTMENT INCOME
Interest on bank deposits
Income from investment
portfolios
Rental income
Interest income from pension
scheme assets		 Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
6,221
249
0
6,470
5,944
354
4,113
0
4,467
3,598
3,913
838
0
4,751
3,592
10,488
5,200
0
15,688
13,134
Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
0
43,824
0
43,824
42,044
0
2,616
0
2,616
2,681
0
46,440
0
46,440
44,725
Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
0
7
0
7
34
1,112
2,798
156
4,066
4,516
0
2,867
0
2,867
1,448
0
391
0
391
461
1,112
6,063
156
7,331
6,459

Page 39 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

5. INVESTMENT MANAGEMENT COSTS

5.
INVESTMENT MANAGEMENT COSTS
Investment fund management
Property management
Support costs
6.
CHARITABLE ACTIVITIES
Masonic
Care and welfare support
Poverty relief
Sickness and illness
Total Grants
Support Costs
Non-Masonic
Air Ambulance and Rescue Services
Armed Forces
Arts, Culture & Sport
Covid-19 Emergency Grants
Disaster Relief
Duke of Edinburgh Award
Early Interventions - Children & Families
Education and Employability
Environment, Conservation and Heritage
Festival Grants
Financial Hardship
Health and Disability
Hospices
Isolation in Later Life
Medical & Social Research Programme
Other Charitable Purposes
Royal Masonic School
Total Grants
Support Costs		 Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
403
831
0
1,234
1,254
0
229
0
229
298
5
95
47
147
108
408
1,155
47
1,610
1,660
Unrestricted Restricted Endowment
Total
Total
funds
funds
funds
Funds
Funds
2022
2022
2022
2021
£'000
£'000
£'000
£'000
£'000
98
4,578
0
4,676
5,167
4,183
0
0
4,183
4,580
0
3,731
0
3,731
1,757
4,281
8,309
0 12,590
11,504
1,382
3,429
0
4,811
4,270
5,663
11,738
017,401
15,774
0
49
0
49
1,055
0
25
0
25
17
0
18
0
18
42
258
575
0
833
3,094
234
22
0
256
53
0
300
0
300
0
0
1,716
0
1,716
1,995
0
154
0
154
562
0
13
0
13
22
80
0
0
80
530
0
0
0
0
0
0
2,018
0
2,018
971
565
271
0
836
945
828
0
0
828
1,015
0
519
0
519
98
401
598
0
999
826
0
3,171
0
3,171
1,334
2,366
9,449
0 11,815
12,559
187
260
0
447
820
2,553
9,709
0 12,262
13,379

Page 40 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

6. CHARITABLE ACTIVITIES (Continued)

Masonic support of £12,590k consisted of 4,891 grants made to individual beneficiaries. 779 grants were made directly from the Charity to charitable institutions; these grants are detailed in annex A to these financial statements. The figures above include a sum of £2,928k for donations made to charitable institutions directly by the Masonic community through the Relief Chest Scheme.

7.
SUPPORT COSTS: 2022
Relief Chest - Fundraising
Fundraising
Legacies
Masonic Support - Grants
Masonic Support - Advice & Support
Masonic Support - Provincial &
Volunteers
Relief Chest - Charitable
Community Support & Research
Strategic Development & Special
Projects
Executive
Finance
Information Technology
Human Resources
Communications
Governance
Facilities & Administration
Administration and Support
Facilities & Admin - Ruspini House
Other		 Cost of
Investment Masonic
Non-
Masonic
Total
Basis
Generating
Management
2022
for
Funds
Allocation
£'000
£'000
£'000
£'000
£'000
286
0
0
0
286
(a)
309
0
0
0
309
(a)
81
0
0
0
81
(a)
0
0
833
0
833
(a)
0
0
827
0
827
(a)
0
0
250
0
250
(a)
0
0
127
10
137
(a)
0
0
0
285
285
(a)
0
0
36
3
39
(b)
97
0
363
26
486
(c)
51
152
283
21
507
(c)
0
0
380
28
408
(b)
0
0
174
13
187
(b)
0
0
594
43
637
(b)
0
0
112
8
120
(b)
0
0
214
15
229
(b)
0
0
267
19
286
(b)
0
0
26
2
28
(b)
(3)
(5)
325
(26)
291
821
147
4,811
447
6,226

Basis for allocation (a) Directly attributed

(b) Number of grants processed

(c ) Headcount and number of grants processed

Page 41 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

7.
SUPPORT COSTS: 2021
Relief Chest - Fundraising
Fundraising
Legacies
Masonic Support - Grants
Masonic Support - Advice & Support
Masonic Support - Provincial &
Volunteers
Relief Chest - Charitable
Community Support & Research
Strategic Development & Special
Projects
Executive
Finance
Information Technology
Human Resources
Communications
Governance
Facilities & Administration
Administration and Support
Facilities & Admin - Ruspini House
Other		 Cost of
Investment
Masonic
Non-
Masonic
Total
Basis
Generating
Management
2021
for
Funds
Allocation
£'000
£'000
£'000
£'000
£'000
329
0
0
0
329
(a)
87
0
0
0
87
(a)
114
0
0
0
114
(a)
0
0
945
0
945
(a)
0
0
638
0
638
(a)
0
0
272
0
272
(a)
0
0
178
37
215
(a)
0
0
0
273
273
(a)
0
0
89
18
107
(b)
62
0
204
42
308
(c)
31
92
152
31
306
(c)
0
0
319
66
385
(b)
0
0
103
21
124
(b)
0
0
492
102
594
(b)
0
0
175
36
211
(b)
0
0
188
39
227
(b)
0
0
241
50
291
(b)
0
0
18
4
22
(b)
115
16
256
101
488
738
108
4,270
820
5,936

Basis for allocation (a) Directly attributed (b) Number of grants processed (c ) Headcount and number of grants processed

8. NET INCOME/(EXPENDITURE) WAS AFTER CHARGING

2022 2021
£'000 £'000
Depreciation 4,070 3,909
Auditor's remuneration 132 128
Other accounting services 20 20

Page 42 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022
9.
STAFF COSTS
Wages and salaries
Social security costs
Pension contributions
Employee benefits
Redundancy
AVERAGE NUMBER OF STAFF
Generating funds
Grant making activities
Care home operations
STAFF EARNING MORE THAN £60,000 (INC. BENEFITS)
£60,000 to £70,000
£70,001 to £80,000
£80,001 to £90,000
£90,001 to £100,000
£100,001 to £110,000
£110,001 to £120,000
£120,001 to £130,000
£130,001 to £140,000
£140,001 to £150,000
£150,000 to £160,000
£160,001 to £170,000
£170,001 to £180,000
Total		 2022
2021
£'000
£'000
33,337
33,689
3,520
2,707
1,050
1,062
695
675
14
36
38,616
38,169
2022
2021
12
14
78
81
1,060
1,096
1,150
1,191
2022
2021
17
20
6
7
6
6
3
2
0
0
4
4
0
0
0
0
1
0
0
1
0
1
1
0
38
41

Members of the MCF and RMBICC Executive and senior leadership teams received remuneration of £1,757k during the period (2021: £1,466k).

No trustees, or related persons, received any remuneration from the Charity during the year (2021: None). Total travel and subsistence expenses of £16k were paid to 15 trustees during the year (2021: £3k paid to 6 trustees). Indemnity insurance was provided to trustees at a cost of £35k (2021: £37k).

Page 43 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

10.INTANGIBLE FIXED ASSETS
Group and Company
Cost
Balance at 1 April 2021
Additions
Transfer of completed projects
Balance at 31 March 2022
Depreciation
Balance at 1 April 2021
Charge for the year
Balance at 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Assets
Computer
under
Software Construction
Total
£'000
£'000
£'000
275
0
275
2
0
2
0
0
0
277
0
277
(164)
0
(164)
(43)
0
(43)
(207)
0
(207)
70
0
70
111
0
111

Page 44 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

11. TANGIBLE FIXED ASSETS

11 (a)
Group
Cost
Balance at 1 April 2021
Additions
Transfer in of Compass Housing
assets
Disposals
Balance at 31 March 2022
Depreciation
Balance at 1 April 2021
Charge for the year
Transfer in of Compass Housing
assets
Disposals
Balance at 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021		 Computers,
Assets
Freehold
Leasehold Motor
Equipment
under
Buildings
Buildings
Cars
& Furniture
Construction
Total
£'000
£'000
£'000
£'000
£'000
£'000
97,591
1,443
977
9,513
9,591
119,115
1,215
51
0
686
4,461
6,413
126
0
0
0
0
126
(109)
0
(25)
(851)
(2,148)
(3,133)
98,823
1,494
952
9,348
11,904
122,521
(34,813)
(517)
(898)
(5,852)
0
(42,080)
(2,943)
(85)
(48)
(951)
0
(4,027)
(50)
0
0
0
0
(50)
60
0
25
850
0
935
(37,746)
(602)
(921)
(5,953)
0
(45,222)
61,077
892
31
3,395
11,904
77,299
62,778
926
79
3,661
9,591
77,035

Leasehold buildings are all in excess of 50 years with the exception of the leasehold improvements held by the Charity as disclosed in note 11 (b) overleaf.

Page 45 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

11 (b)
Charity
Cost
Balance at 1 April 2021
Additions
Transfer of completed projects
Disposals
Balance at 31 March 2022
Depreciation
Balance at 1 April 2021
Charge for the year
Impairments
Disposals
Balance at 31 March 2022
Net book value
At 31 March 2022
At 31 March 2021
12.INVESTMENT PROPERTIES
Balance at 1 April 2021
Additions
Disposals
Change in market value
Balance at 31 March 2022		 Leasehold
Motor
Computers,
Buildings
Cars
Equipment &
Total
£'000
£'000
Furniture
£'000
£'000
652
0
198
850
0
0
12
12
0
0
0
0
0
0
0
0
652
0
210
862
(271)
0
(91)
(362)
(65)
0
(47)
(112)
0
0
0
0
0
0
0
0
(336)
0
(138)
(474)
316
0
72
388
381
0
107
488
March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
39,424
0
40,205
0
262
0
436
0
0
0
(2,222)
0
1,480
0
1,005
0
41,166
0
39,424
0

Investment properties consist of freehold properties in Great Queen Street and Parker Street, London WC2 and land at Rickmansworth Park Estate and Bushey Grange. The properties were valued by Gould and Co as at 31[st] March 2022 based on open market value, assuming that the properties would be sold subject to existing tenancies. Due to the long term nature of ownership the exact historical cost of the properties is unknown, however, for the purposes of calculating the revaluation reserve it has been estimated at £7,321k. Capitalised development costs of £1.1 M have been added to the agricultural land value for Bushey Grange in the expectation that these will be significantly exceeded by surpluses arising from future development.

Page 46 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

13.INVESTMENTS
Fixed Asset Investments:
- Managed Funds
MCF CAIF
CCLA Property Fund
Investment in MCF Trading Limited
Social investments
- Ruspini House
- Royal Masonic School
- Loans to beneficiaries
Current Asset Investments
- RLAM Cash Reserve funds
- Cash and cash equivalents
MOVEMENTS IN INVESTMENTS
a)Listed and unlisted
Balance at 1 April 2021
Additions
Disposals
Investment income reinvested
Management fees charged to the fund
Gains/(losses)
Changes in cash balances held
Balance at 31 March 2022
b)Social
Balance at 1 April 2021
New loans issued
Loans repaid
Revaluation
Balance at 31 March 2022		 March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
203,401
40,848
201,866
31,376
757
0
4,301
0
0
3,500
0
0
3,800
0
3,500
0
2,952
0
2,138
0
1,216
0
1,244
0
212,126
44,348
213,049
31,376
43,269
0
51,536
0
5
0
0
0
43,274
0
51,536
0
255,400
44,348
264,585
31,376
257,704
31,376
240,006
20,020
29,715
9,500
41,224
5,909
(61,136)
0
(72,084)
0
4,032
713
4,448
545
(1,062)
(188)
(1,038)
(118)
18,173
2,947
45,153
5,020
6
0
(7)
0
247,432
44,348
257,702
31,376
6,883
0
5,779
0
115
0
161
0
(144)
0
(36)
0
1,114
0
979
0
7,968
0
6,883
0

Page 47 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

13. INVESTMENTS (Continued)

The social investments consist of Ruspini House which provides beneficiaries with residential accommodation in London, the property which forms the Royal Masonic School in Rickmansworth and loans made to beneficiaries to effect urgent property renovations to accommodate medical conditions.

RMBI Trading Limited, Stability Investments Limited, RMBI (Settlement) Limited and 19/21 GQS Limited are wholly owned subsidiaries of RMBCCI, a subsidiary of the MCF. Their results are consolidated in these accounts. At 31[st] March 2022 their net assets stood at -£808k, -£360, -£7,000, and £4 respectively (2021: -£655k, -£360, -£975 and £4). The companies’ principal activities are the design, build and alteration of RMBICC properties and management and residential billings.

MCF Trading Limited is a wholly owned subsidiary of the Charity for which the Charity issued 3,500,000 shares of £1 during the year. The company’s principle activity is the development of the Group’s land assets.

13.RECONCILIATION TO SOFA
Gains/(losses) on listed
investments
Change in market value of investment
properties
Gains/(losses) arising from derivatives
14.DEBTORS
Trade debtors
Amounts owed by group undertakings
Prepayments and accrued income
Other debtors		 March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
18,173
2,947
45,153
5,020
2,595
0
1,984
0
0
0
3
2
20,768
2,947
47,140
5,022
March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
3,525
0
2,578
0
0
1,813
0
3,916
4,191
390
3,683
688
2,044
58
2,343
308
9,760
2,261
8,604
4,912

Other debtors includes a loan of £652k due from the Royal Masonic School for its share of the buy-out of the pension liability. The loan is being paid off in monthly instalments including interest which for the year to March 2022 totalled £157,409 (March 2021: £145,862). The loan has been discounted to a net present value of £558k for inclusion in the accounts.

Page 48 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

15.CREDITORS
Falling due within one year
Grants payable
Bank loans and overdrafts
Trade creditors
Amounts owed to group undertakings
Accruals and deferred income
Taxation and social security
Other creditors
Falling due after more than one year
Grants payable
Bank loans		 March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
7,321
2,073
8,627
182
193
0
0
0
1,328
38
1,902
184
0
488
0
463
3,370
187
2,607
108
808
100
854
101
1,336
38
1,756
34
14,356
2,924
15,746
1,072
1,309
394
1,238
227
476
0
0
0
1,785
394
1,238
227

The RMIG Endowment Trust’s loan facility with its bankers was repaid towards the end of last year. A new loan was taken out on 7[th] April 2021 for an amount of £835,817. It is repayable in 52 monthly instalments ending 10[th] August 2025. Interest is chargeable at a fixed rate of 3.31%

16 . PENSION SCHEMES ASSET/(LIABILITY)

PROVISIONS FOR PENSIONS
RMBI Pension Schemes		 March 2022
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
3,959
0
2,046
0
3,959
0
2,046
0

There were three defined benefit schemes operated by subsidiaries of the Charity. These were as follows:

Page 49 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 . PROVISIONS FOR PENSIONS (Continued)

In addition, the Charity runs a defined contribution scheme with Royal London.

RMTGB Pension Scheme

A subsidiary charity, the Royal Masonic Trust for Girls and Boys (“RMTGB”) operated a defined benefit pension scheme, the RMTGB Staff Pension Scheme (the “Scheme”). It entered into a “buy-in/buy-out” arrangement with Pension Insurance Corporation (“PIC”) whereby the latter has assumed the liabilities of the Scheme and undertaken to make all future payments due under the scheme. Due diligence on the transaction was completed by September 2017 at which time the final instalment was paid to PIC on the formal transfer of the Scheme.

There were two participating employers: the RMTGB (the “Sponsoring employer” and the Royal Masonic School for Girls Limited (the “School”). The RMTGB has entered into an arrangement with the School where by the School will repay to the Charity, the School’s 24% of the Scheme’s wind up and closure costs. The period of the loan is for ten years. Interest is charged at the Bank of England’s base rate. The School is currently repaying off the loan in monthly instalments of £12k per month.

Movements on the liabilities on the scheme in the year are detailed as follows:

Balance at 1 April 2021
Interest charged
Less payments made on account by RMS in 2021/22		 2022
£’000
(796)
(1)
145		 2021
£’000
(940)
(1)
145
(£652) (£796)

The amount recoverable from the school is included within other debtors (note 14).

Page 50 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 . PROVISIONS FOR PENSIONS (Continued)

RMBI Pension Schemes

The RMBI operates two pension schemes. One of these pension schemes is a defined contribution scheme. The other is a defined benefits pension scheme, which was closed to new entrants on 4th September 1996. The defined benefits scheme was also closed for the existing employees in September 2010.

i. Defined contribution

The RMBI operates a defined contribution pension scheme. During the year the charity made payments totalling £773k (2021 - £763k).

ii. Defined benefit

The RMBI Pension and Life Assurance Fund ("the Fund") is a funded defined benefit arrangement which provides retirement benefits based on final pensionable salary.

The valuation used for FRS102 disclosures has been based on a full assessment of the liabilities of the Fund. On 30 September 2010 the scheme stopped accruing benefits to its members and all the employees at that time were transferred to the Group Personal Pension Scheme. Hence, there is no current service cost for the defined benefit scheme and all contributions in note 9 relates to the defined contribution scheme.

iii . Principal actuarial assumptions at the balance sheet date:

The results of the last valuation as at 31 March 2019 have been updated to 31 March 2022 by a qualified independent actuary. The assumptions used were as follows:

Significant actuarial assumptions:
Discount rate
Rate of inflation (RPI)
Rate of inflation (CPI)
Other actuarial assumptions:
Rate of increase in pensionable salaries
Rate of increase in pensions – Post 88 GMP
Rate of increase in pensions – Pre 97 XS
Rate of increase in pensions – Post 97 pension
Rate of increase in pensions – Post 05 pensions
Revaluation of deferred pensions (non-GMP)		 March 2022
2.7%
3.9%
3.3%
3.9%

2.6%

0.0%

3.7%

2.4%

3.9%
 March 2021
1.8%
3.3%
2.7%
3.3%
2.3%
0.0%
3.2%
2.3%
3.3%

Page 51 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 . PROVISIONS FOR PENSIONS (Continued)

c) RMBI Pension Schemes (Continued)
March 2022

Mortality assumptions:
Life expectancy (years)
For an individual aged 65 in 2021
- Males
21.1

- Females
23.0

At age 65 for an individual aged 45 in 2021
- Males
22.4

- Females
24.5

iv.
CHANGES IN PRESENT VALUE OF DEFINED BENEFITS OBLIGATION
Balance at 1 April 2021
20,184
Past service cost
0
Interest cost
354
Actuarial (gains)/losses
(1,300)
Benefits paid
(1,004)
Balance at 31 March 2022
18,234
v.
CHANGES IN FAIR VALUE OF SCHEME ASSETS
Balance at 1 April 2021
22,230
Interest income
391
Administration expenses
0
Actuarial gains
576
Employer contributions
0
Benefits paid
(1,004)
Balance at 31 March 2022
22,193
Mortality before retirement
as per
post
retirement
Mortality before and after retirement - S3PMA / S2PMA
112%
Mortality before and after retirement - S3PFA / S2PFA
120%		 RMBI Pension Schemes (Continued)
March 2022

Mortality assumptions:
Life expectancy (years)
For an individual aged 65 in 2021
- Males
21.1

- Females
23.0

At age 65 for an individual aged 45 in 2021
- Males
22.4

- Females
24.5

iv.
CHANGES IN PRESENT VALUE OF DEFINED BENEFITS OBLIGATION
Balance at 1 April 2021
20,184
Past service cost
0
Interest cost
354
Actuarial (gains)/losses
(1,300)
Benefits paid
(1,004)
Balance at 31 March 2022
18,234
v.
CHANGES IN FAIR VALUE OF SCHEME ASSETS
Balance at 1 April 2021
22,230
Interest income
391
Administration expenses
0
Actuarial gains
576
Employer contributions
0
Benefits paid
(1,004)
Balance at 31 March 2022
22,193
Mortality before retirement
as per
post
retirement
Mortality before and after retirement - S3PMA / S2PMA
112%
Mortality before and after retirement - S3PFA / S2PFA
120%		 March 2021
21.0
23.0
22.3
24.4
18,592
0
417
2,122
(947)
as per
post
retirement
112%
120%
18,234 20,184
22,230
391
0
576
0
(1,004)		 20,522
461
0
2,194
0
(947)
22,193 22,230

Page 52 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

16 . PROVISIONS FOR PENSIONS (Continued)

c) RMBI Pension Schemes (Continued)

vi.
FAIR VALUE OF ASSETS
Equities
Properties
Corporate bonds
Fixed interest gilts
Index linked gilts
Liability-driven investments
Diversified growth and credit funds
Cash
The return on the assets was:
Interest income
Return on assets less interest income
Total return on assets
vii.
RECONCILIATION TO THE BALANCE SHEET
Market value of assets
Present value of defined benefit obligation
Net surplus/(deficit)
viii.RECOGNITION IN SOFA
Resources expended
Past service cost
Administration costs
Interest on obligation
Interest return on fund assets
Other recognised gains/(losses)
Actuarial gains/(losses) in the defined benefit
obligation
Return on assets less interest income		 March 2022 March 2021
4,361
4,779
0
0
3,764
3,974
0
0
2,144
2,025
3,512
2,953
7,876
8,259
536
240
22,193
22,230
391
461
576
2,194
967
2,655
22,193
22,230
(18,234)
(20,184)
3,959
2,046
0
0
0
0
354
417
(391)
(461)
(37)
(44)
1,300
(2,122)
576
2,194
1,876
72

Page 53 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

17.MOVEMENT IN FUNDS
Endowment funds
RMIG Endowment Trust
Royal Masonic Benevolent
Institution Care Company
Restricted funds
Relief Chest
Royal Masonic Trust for
Girls and Boys
Ruspini
RMIG Endowment Trust
Compass Housing
Masonic Samaritan Fund
Royal Masonic Hospital
Royal Masonic Benevolent
Institution Care Company
Victor Donaldson
Specific gifts, donations and
legacies for homes
Prince Edward Duke of Kent
Court, Essex
L H Miles
Frederick Philips Fund
Intragroup
(income)/expenditure
Other
Unrestricted funds
General reserves
Designated reserves
Total funds		 Balance at
Income Expenditure
Gains/ Transfers
Balance at
1 April
(losses)
31 March
2021
2022
£'000
£'000
£'000
£'000
£'000
£'000
13,797
156
(47)
1,823
(5,200)
10,529
246
0
0
0
(165)
81
14,043
156
(47)
1,823
(5,365)
10,610
21,797
10,567
(9,577)
0
0
22,787
154,672
3,149
(10,536)
11,201
0
158,486
1,187
25
(28)
107
0
1,291
993
1,875
(3,222)
0
5,200
4,846
0
101
(5)
0
0
96
37,572
699
(12,462)
912
15
26,736
8
10
0
0
(15)
3
115,936
54,163
(61,138)
4,069
430
113,460
2,501
112
(25)
0
0
2,588
992
203
(161)
0
(264)
770
328
0
(3)
0
0
325
568
0
(5)
0
0
563
949
18
(7)
81
0
1,041
0 (13,122)
13,122
0
0
0
113
2
(3)
0
(1)
111
337,616
57,802
(84,050)
16,370
5,365
333,103
61,292
14,957
(9,220)
4,504
80
71,613
983
0
0
0
(80)
903
62,275
14,957
(9,220)
4,504
0
72,516
413,934
72,915
(93,317)
22,697
0
416,229

The Transferred Beneficiaries Fund was created as a restricted fund in the TGC following the transfer of unrestricted funds from the RMBI in 2002. Following the return of the fund on 1[st] November 2017, it has been derestricted to bring it back to its original form held in the RMBI. The trustees have designated £0.90 M to be held for the future expected commitment to beneficiaries.

Page 54 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

17. MOVEMENT IN FUNDS (Continued)

Intragroup (income)/expenditure includes festival income collected through the Relief Chest (£6.65 M) and the support grant made to the RMBICC from the MSF (£6.48 M).

MOVEMENT IN FUNDS
Prior Year
Endowment funds
RMIG Endowment Trust
Royal Masonic Benevolent
Institution Care Company
Restricted funds
Relief Chest
Royal Masonic Trust for
Girls and Boys
Ruspini
RMIG Endowment Trust
Masonic Samaritan Fund
Royal Masonic Hospital
Royal Masonic Benevolent
Institution Care Company
Victor Donaldson
Specific gifts, donations
and legacies for homes
Prince Edward Duke of
Kent Court, Essex
L H Miles
Frederick Philips Fund
Intragroup
(income)/expenditure
Other
Unrestricted funds
General reserves
Designated reserves
Total funds		 Balance at
Income Expenditure
Gains/
Transfers
Balance at
1 April
(losses)
31 March
2020
2021
£'000
£'000
£'000
£'000
£'000
£'000
13,064
519
(57)
3,827
(3,556)
13,797
244
2
0
0
0
246
13,308
521
(57)
3,827
(3,556)
14,043
23,072
8,474
(9,749)
0
0
21,797
137,946
4,373
(11,689)
24,042
0
154,672
939
25
(13)
236
0
1,187
(1,140)
(22)
(1,401)
0
3,556
993
46,189
924
(15,089)
5,407
141
37,572
39
110
0
0
(141)
8
112,046
57,808
(59,340)
5,297
125
115,936
2,512
4
(15)
0
0
2,501
974
285
(142)
0
(125)
992
393
0
(65)
0
0
328
636
0
(68)
0
0
568
766
18
(12)
177
0
949
0 (18,268)
18,268
0
0
0
106
36
(29)
0
0
113
324,478
53,767
(79,346)
35,161
3,556
337,616
51,117
13,555
(11,676)
8,296
80
61,372
983
0
0
0
(80)
903
52,100
13,555
(11,676)
8,296
0
62,275
389,886
67,843
(91,079)
47,284
0
413,934

Page 55 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

18. RESTRICTED FUNDS

Fund Name Purpose of Fund
Relief Chest Scheme To maintain Relief Chests to recognised masonic
organisations, which are used to generate funds for all types
of charitable purposes
Transferred Beneficiaries Fund Relief of poverty for named former beneficiaries of the Royal
Masonic Benevolent Institution
Royal Masonic Trust for Girls
and Boys		 Relief of poverty and advancement of education
Ruspini Relief of need, hardship and distress of the children of
freemasons
Royal Masonic Institution for
Girls Endowment Trust		 Support for the Royal Masonic School and masonic pupils at
the school
Masonic Samaritan Fund To advance health and relieve those in need by reason of ill-
health or disability through the provision of medical
assistance, support, treatment, care and advice.
Commissioning of research that is anticipated to offer benefits
to beneficiaries
Royal Masonic Hospital Relief of poverty amongst freemasons and their dependants
who are sick or infirm. All income is transferred to the
Masonic Samaritan Fund to further this purpose
Royal Masonic Benevolent
Institution		 Relief of need, suffering and distress through provision of
accommodation in residential care facilities or sheltered
accommodation
Victor Donaldson Fund To advance secured loans to beneficiaries to enhance their
quality of life
Specific gifts, donations and
legacies for homes		 For the specific use of care homes towards costs of improving
facilities for the benefit of residents
Hutchinson To assist dependants of needy freemasons towards
education costs
Prince Edward Duke of Kent
Court, Essex		 Donation by Mark Master Masons for the development of the
Thomas Were Howard House Group
L H Miles To provide financial relief for Essex masons in Prince Edward
Duke of Kent Court
Other Various funds consisting of amounts under £50k for varying
purposes

Page 56 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

19. ANALYSIS OF NET ASSETS BETWEEN FUNDS FOR THE GROUP

ASSETS AND LIABILITIES
31 March 2022
Endowment funds
Restricted funds
Unrestricted funds
General reserves
Designated reserves
Total funds
ASSETS AND LIABILITIES
31 March 2021
Endowment funds
Restricted funds
Unrestricted funds
General reserves
Designated reserves
Total funds		 Fixed
Investment Investments
Current Liabilities
Fund
Assets
Properties
Assets
Total
£'000
£'000
£'000
£'000
£'000
£'000
0
0
10,529
81
0
10,610
76,911
41,087
139,030
86,637
(10,562) 333,103
458
79
62,567
10,129
(1,620)
71,613
0
0
0
903
0
903
458
79
62,567
11,032
(1,620)
72,516
77,369
41,166
212,126
97,750
(12,182)416,229
Fixed
Investment Investments
Current Liabilities
Fund
Assets
Properties
Assets
Total
£'000
£'000
£'000
£'000
£'000
£'000
0
0
13,797
246
0
14,043
76,547
39,424
151,835
82,980
(13,170) 337,616
599
0
47,417
15,124
(1,768)
61,372
0
0
0
903
0
903
599
0
47,417
16,027
(1,768)
62,275
77,146
39,424
213,049
99,253
(14,938)413,934

Page 57 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

20. SUMMARISED RESULTS FOR SUBSIDIARIES

Total income
Total expenditure
Investment gains/(losses)
Net income/(expenditure)
Other gains/(losses)
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Fixed asset investments
Other fixed assets
Total fixed assets
Current assets
Total assets
Current liabilities
Creditors falling due after one
year
Provisions
Total liabilities
Net assets		 TGC
RMTGB
RMBI
Ruspini
MSF RMBICC RMIGET
£'000
£'000
£'000
£'000
£'000
£'000
£'000
11,453
3,149
3,730
25
709
54,482
2,031
(11,513) (10,536)
(388)
(28) (12,462)
(61,338)
(3,269)
2
11,185
1,637
107
912
2,156
1,823
(58)
3,798
4,979
104 (10,841)
(4,700)
585
0
16
0
0
0
1,913
0
(58)
3,814
4,979
104 (10,841)
(2,787)
585
23,564
154,672 19,837
1,187
37,580
120,684
14,790
23,506
158,48624,816
1,291
26,739
117,897
15,375
0
146,908 22,726
1,320
0
30,882
10,528
0
0
0
0
0
76,838
0
0
146,908 22,726
1,320
0
107,720
10,528
24,053
16,330
2,090
5
30,014
11,812
5,766
24,053
163,238 24,816
1,325
30,014
119,532
16,294
(496)
(4,219)
0
(34)
(2,945)
(5,594)
(443)
(51)
(533)
0
0
(330)
0
(476)
0
0
0
0
0
3,959
0
(548)
(4,752)
0
(34)
(3,275)
(1,635)
(919)
23,506
158,48624,816
1,291
26,739
117,897
15,375

Page 58 of 83

MASONIC CHARITABLE FOUNDATION

YEAR ENDED 31 MARCH 2022

20. SUMMARISED RESULTS FOR SUBSIDIARIES: Prior Year to 31 March 2021

Total income
Total expenditure
Investment gains/(losses)
Net income/(expenditure)
Other gains/(losses)
Net movement in funds
Total funds brought forward
Total funds carried forward
Represented by
Fixed asset investments
Other fixed assets
Total fixed assets
Current assets
Total assets
Current liabilities
Creditors falling due after one
year
Provisions
Total liabilities
Net assets		 TGC
RMTGB
RMBI Ruspini
MSF RMBICC RMIGET
£'000
£'000
£'000
£'000
£'000
£'000
£'000
9,316
4,372
2,290
25
1,034
58,129
495
(20,139)
(11,690)
(355)
(13)
(15,090)
(59,654)
(1,457)
466
23,970
2,985
236
5,407
5,226
3,827
(10,357)
16,652
4,920
248
(8,649)
3,701
2,865
0
72
0
0
0
72
0
(10,357)
16,724
4,920
248
(8,649)
3,773
2,865
33,920
137,948 14,917
939
46,228
116,911
11,924
23,563
154,672 19,837
1,187
37,579
120,684
14,789
0
142,339 16,955
1,196
11,874
34,937
13,797
0
0
0
0
0
76,547
0
0
142,339 16,955
1,196
11,874
111,484
13,797
28,324
19,287
2,885
4
27,968
12,544
1,739
28,324
161,626 19,840
1, 200
39,842
124,028
15,536
(4,570)
(6,426)
(3)
(13)
(1,971)
(5,390)
(747)
(191)
(528)
0
0
(292)
0
0
0
0
0
0
0
2,046
0
(4,761)
(6,954)
(3)
(13)
(2,263)
(3,344)
(747)
23,563
154,672 19,837
1,187
37,579
120,684
14,789

Page 59 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

21. [STATEMENT OF FINANCIAL ACTIVITIES ]

YEAR ENDED 31 MARCH 2021

(Including an Income and Expenditure Account)

Note
INCOME
Donations and legacies
2
Annual contributions from Lodges
Charitable activities
3
Investment income
4
Transfer in of RMIGET net assets
Other income
Total income
EXPENDITURE
Cost of generating funds
Investment management costs
5
Charitable activities
Masonic grants
6
Non-Masonic grants
6
Residential and care homes
Total expenditure
Net gains/(losses) on investments
Net income/(expenditure)
Transfers between funds
OTHER RECOGNISED
GAINS/(LOSSES)
Actuarial gains/(losses) on pension
scheme
Pension Liability Buy out
NET MOVEMENT IN FUNDS
Total funds brought forward
Total funds carried forward		 Unrestricted
Restricted
Endowment
Total
funds
funds
funds
Funds
2021
2021
2021
2021
£'000
£'000
£'000
£'000
9,091
3,764
279
13,134
3,475
0
0
3,475
0
44,725
0
44,725
941
5,278
240
6,459
0
0
0
0
48
0
2
50
13,555
53,767
521
67,843
(476)
(205)
(57)
(738)
(357)
(1,303)
0
(1,660)
(833)
(1,508)
(57)
(2,398)
(6,013)
(9,761)
0
(15,774)
(4,830)
(8,549)
0
(13,379)
0
(59,528)
0
(59,528)
(10,843)
(77,838)
0
(88,681)
(11,676)
(79,346)
(57)
(91,079)
8,296
35,017
3,827
47,140
10,175
9,438
4,291
23,904
0
3,556
(3,556)
0
0
72
0
72
0
72
0
72
10,175
13,138
735
24,048
52,100
324,478
13,308
389,886
62,275
337,616
14,043
413,934

Page 60 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

22. RELATED PARTY TRANSACTIONS

RMBI Pension Trust Limited is the sole trustee of the RMBI Pension Scheme, the defined benefit scheme of RMBICC. RMBICC pays pensions on behalf of the RMBI Pension scheme. The total amount payable to the RMBICC, by the Pension (Scheme), as at 31 March 2022 was £ Nil (2021: £ Nil).

i) United Grand Lodge of England

As laid out in the trustees report on page 7, the appointment of trustees is approved by the Grand Master on the recommendation of the Grand Master’s Council. The United Grand Lodge of England (UGLE) co-ordinates the collection of the annual contribution made by its members for supporting the Charity. UGLE provides part of the lower ground floor of Freemasons Hall to the Charity to accommodate its staff and operations. The lease is rent free but allows for the recovery of an appropriate proportion of costs through a service charge.

23.
CAPITAL COMMITMENTS
Construction and refurbishment of care
homes:
- contracted for
- authorised but not contracted for		 March 2021
March 2021
Group
Company
Group
Company
£'000
£'000
£'000
£'000
891
0
358
0
1,068
0
436
0
1,959
0
794
0

Page 61 of 83

MASONIC CHARITABLE FOUNDATION

NOTES TO THE FINANCIAL STATEMENTS

YEAR ENDED 31 MARCH 2022

ANALYSIS OF CHANGES IN CASH AND CASH 24. EQUIVALENTS LESS DEBT

Cash and cash equivalents
Short term deposits
Cash at bank and in hand
Borrowings
Bank loans due within one year
Bank loans due after one year
Total cash and cash equivalents less debt		 At 1 April Cash Flow
Non-Cash At 31 March
2021
Changes
2022
£'000
£'000
£'000
£'000
19,817
(3,864)
0
15,953
19,296
9,467
0
28,763
39,113
5,603
0
44,716
0
0
(193)
(193)
0
(669)
193
(476)
0
(669)
0
(669)
39,113
4,934
0
44,047

25. COVID-19 PANDEMIC

Following the end of the Government imposed lockdown in 2021 there has been a resumption in festival activities which has resulted in voluntary income recovering to close to pre-pandemic levels over the last few months of the year, and this has continued strongly into the new financial year 2022/23. Increased footfall in the Covent Garden area has improved the business prospects of the tenants in the Group’s properties in Great Queen Street and rental incomes have recovered significantly as a result.

RMBICC revenues are driven by occupancy levels, and whilst these have improved over the year, they are not expected to recover fully to normal levels until 2024/25.

26. LIABILITY OF MEMBERS

The Charity is constituted as a company limited by guarantee. In the event of the Charity being wound up each of the members would be required to contribute an amount not exceeding £1.

Page 62 of 83

MASONIC CHARITABLE FOUNDATION

ANNEX A – GRANTS MADE TO CHARITABLE INSTITUTIONS

Total 234,000 9

Early Interventions - Children & Families

2nd Fareham Sea Scout Group Acorns (North Tyneside) AFASIC Against Violence and Abuse (AVA) Anne Frank Trust UK BeyondAutism BOSP Brighter Opportunities for Special People Brendan's Bridge Brighton Oasis Project Brook Young People Castletown Endowment Fund Cerebral Palsy Cymru Changing Faces

Chichester Diocese Association for Family Support Work Connects & Co. Support for Young Carers and Siblings Daisy's Dream Devon and Exeter Spastics Society Edward's Trust Exeter Community Initiatives Families In Focus Family Counselling Trust Family Space Fortalice Limited

Page 63 of 83

MASONIC CHARITABLE FOUNDATION

Tourettes Syndrome (UK) Association

Page 64 of 83

MASONIC CHARITABLE FOUNDATION

Welwyn Hatfield Women's Refuge & Support
Services (WHWR)
15,000 Core Funding
Whoopsadaisy
15,000 Core Funding
Wild Young Parents Project
63,770 Words and People - Early Years Lead Project
Wildlife Aid Foundation
7,500 Core Funding (Matched Provincial donation)
Winchester Street Reach
15,000 Core Funding
Wyre Forest and South Worcestershire Nightstop
and Mediation Service
500 Core Funding (Matched Provincial donation)
Young Lives vs Cancer
74,577 Supporting Young Lives with Cancer in the East
of England
Total
1,715,654 73
Festival Fund
Cheshire 2027 Festival
30,000 Festival
East Lancashire 2026 Festival
30,000 Festival
Hampshire & IoW 2027 Festival
50,000 Festival
Total
110,000 3
Hospice Care
615,000 240See Annex B
Isolation in Later Life
Active and in Touch Frome
7,000 Core Funding
African Caribbean Care Group
15,000 Core Funding
Age Concern Hampshire
25,000 Information and Wellbeing Support Project
Age UK
290,000 Later Life Goals project
Age UK Westminster
15,000 Core Funding
Audlem & District Community Action
9,900 Core Funding
Butterflies Memory Loss Support Group
7,000 Core Funding
Buzzer Buses (Dial-a-Ride) Ltd
15,000 Core Funding
Carers In Bedfordshire
62,453 Emotional and Practical Support for Socially
Isolated Former Carers
Elizabeth House Cookham
15,000 Core Funding
Forget Me Not - Isle of Man
1,000 Core Funding (Matched Provincial donation)
Forget Me Not - Isle of Man
250 Core Funding (Matched Provincial donation)
Gateshead Older People's Assembly
15,000 Core Funding
InterAct Stroke Support
10,500 Core Funding
Leeds Mind
49,123 Later Life Befriending in Leeds
Leukaemia Care
10,000 Welfare Officer- support for older people
Living Options Devon
18,209 Time to Talk
Maggie's
51,345 Living with and beyond prostate cancer
Moor Allerton Elderly Care
15,000 Core Funding
Newent Association for the Disabled
1,880 Core Funding (Matched Provincial donation)
Queen's Crescent Community Association
28,519 Forever Young - Fighting Covid in Camden
Search - Services for Older People
44,977 Lunch Links (including Buy and Bite)
Sefton OPERA
15,000 Core Funding
Senior Citizens Forum, Telford & The Wrekin
9,300 Core Funding		 Welwyn Hatfield Women's Refuge & Support
Services (WHWR)
15,000 Core Funding
Whoopsadaisy
15,000 Core Funding
Wild Young Parents Project
63,770 Words and People - Early Years Lead Project
Wildlife Aid Foundation
7,500 Core Funding (Matched Provincial donation)
Winchester Street Reach
15,000 Core Funding
Wyre Forest and South Worcestershire Nightstop
and Mediation Service
500 Core Funding (Matched Provincial donation)
Young Lives vs Cancer
74,577 Supporting Young Lives with Cancer in the East
of England
Total
1,715,654 73
Festival Fund
Cheshire 2027 Festival
30,000 Festival
East Lancashire 2026 Festival
30,000 Festival
Hampshire & IoW 2027 Festival
50,000 Festival
Total
110,000 3
Hospice Care
615,000 240See Annex B
Isolation in Later Life
Active and in Touch Frome
7,000 Core Funding
African Caribbean Care Group
15,000 Core Funding
Age Concern Hampshire
25,000 Information and Wellbeing Support Project
Age UK
290,000 Later Life Goals project
Age UK Westminster
15,000 Core Funding
Audlem & District Community Action
9,900 Core Funding
Butterflies Memory Loss Support Group
7,000 Core Funding
Buzzer Buses (Dial-a-Ride) Ltd
15,000 Core Funding
Carers In Bedfordshire
62,453 Emotional and Practical Support for Socially
Isolated Former Carers
Elizabeth House Cookham
15,000 Core Funding
Forget Me Not - Isle of Man
1,000 Core Funding (Matched Provincial donation)
Forget Me Not - Isle of Man
250 Core Funding (Matched Provincial donation)
Gateshead Older People's Assembly
15,000 Core Funding
InterAct Stroke Support
10,500 Core Funding
Leeds Mind
49,123 Later Life Befriending in Leeds
Leukaemia Care
10,000 Welfare Officer- support for older people
Living Options Devon
18,209 Time to Talk
Maggie's
51,345 Living with and beyond prostate cancer
Moor Allerton Elderly Care
15,000 Core Funding
Newent Association for the Disabled
1,880 Core Funding (Matched Provincial donation)
Queen's Crescent Community Association
28,519 Forever Young - Fighting Covid in Camden
Search - Services for Older People
44,977 Lunch Links (including Buy and Bite)
Sefton OPERA
15,000 Core Funding
Senior Citizens Forum, Telford & The Wrekin
9,300 Core Funding
Total 1,715,654
Total 110,000
Hospice Care 615,000

Page 65 of 83

MASONIC CHARITABLE FOUNDATION

Senior Solutions 350 Food bank Southend Blind Welfare Organisation 30,000 Talk and support for visually impaired people. The Gosport Shed 250 The Gosport Shed The Third Age Project 15,000 Core Funding Trent Dementia Services Development Centre 5,000 Core Funding Vista (The Royal Leicestershire Rutland and 53,219 Virtuoactivity Wycliffe Society for the Blind)

Total

835,275 30

Other Charitable Purposes

9th Heywood [St Michaels] Scout Group Abingdon Food Bank Action for Pulmonary Fibrosis Addenbrooke's Charitable Trust (ACT) Alnwick District Foodbank Ammanford Evangelical Church (t/a Ammanford Foodbank) Andy's Man Club Ltd. Arrive Alive Ashbourne Elim Foodbank Association of Friends of Zetland Court Asthma Relief Atherton & Leigh Food Bank Audrey charity Avery Hill Charitable Trust Banc Bwyd Aberaeron Food Bank Barnardo's Barrow Food Bank Ltd Barton Area Food Bank Bath Citadel Salvation Army Bedford Hospital Charity & Friends Bicester Food Bank Bishop's Stortford Foodbank Black Country Food Bank Limited Blackpool Food Bank Bosom Family Support Bournemouth Hospital Charity Braintree Area Foodbank Ltd Brampton Area Action Group Broxbourne Foodbank Buckfastleigh Foodbank Burton HOPE Cannock and District Foodbank Carers FIRST Carers Support Centre Carlisle Eden Mind Central Glamorgan Guides

1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 5,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 1,111 Core Funding (Matched Provincial donation)

478 Core Funding (Matched Provincial donation) 750 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 400 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 556 Core Funding (Matched Provincial donation) 5,000 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 10,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 3,268 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 518 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 833 Core Funding (Matched Provincial donation) 300 Core Funding (Matched Provincial donation)

Page 66 of 83

MASONIC CHARITABLE FOUNDATION

1,500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation)

Chaps - Men’s Health Charity 1,500 Core Funding (Matched Provincial donation) Charlotte's Brightside CLC 1,000 Core Funding (Matched Provincial donation) Chesterfield Foodbank 250 Core Funding (Matched Provincial donation) CHEXS 500 Core Funding (Matched Provincial donation) Children’s Hospice South West - Little Harbour 1,000 Core Funding (Matched Provincial donation) CHIPS - Children's Integrated Play schemes 500 Core Funding (Matched Provincial donation) Churches in Ross Community Larder 500 Core Funding (Matched Provincial donation) Circularity.org 250 Core Funding (Matched Provincial donation) Clacton Foodbank 2,500 Core Funding (Matched Provincial donation) Clay Cross Food bank 250 Core Funding (Matched Provincial donation) Coalville Foodbank (Facilitated by New Life Church, 1,000 Core Funding (Matched Provincial donation) Coalville) Combat Stress 500 Core Funding (Matched Provincial donation) Cornwall Air Ambulance 1,000 Core Funding (Matched Provincial donation) Cornwall Blood Bikes 1,000 Core Funding (Matched Provincial donation) Cornwall Community Foundation 1,000 Core Funding (Matched Provincial donation) Cornwall Hospice Care 1,000 Core Funding (Matched Provincial donation) Cornwall Partnership Foundation Trust Charitable 500 Core Funding (Matched Provincial donation) Fund Cowbridge Gateway Monday Club 250 Core Funding (Matched Provincial donation) Craig's Heartstrong Foundation 840 Purchase of specialist medical equipment (Matched Provincial donation) Cranfield Trust 228,000 Strategic Partnership Grant Crawley Open House 5,000 Core Funding (Matched Provincial donation) Cruse Bereavement Care 300 Core Funding (Matched Provincial donation) Cyfannol Women's Aid 1,000 Core Funding (Matched Provincial donation) Dacorum Mencap 500 Core Funding (Matched Provincial donation) Daybreak Oxford 2,500 Core Funding (Matched Provincial donation) Deal Area Foodbank 500 Core Funding (Matched Provincial donation) DENS 1,000 Core Funding (Matched Provincial donation) DENS 500 Core Funding (Matched Provincial donation) Derby City Church 250 Core Funding (Matched Provincial donation) Derby Food 4 Thought Alliance part of Community 250 Core Funding (Matched Provincial donation) Action Derby ltd Devizes Opendoors 500 Core Funding (Matched Provincial donation) disAbility Cornwall & Isles of Scilly 1,000 Core Funding (Matched Provincial donation) Discovery Sailing Project 1,000 Core Funding (Matched Provincial donation) Doorway Wiltshire 500 Core Funding (Matched Provincial donation) Dorothy House Hospice 1,250 Core Funding (Matched Provincial donation) Dorset and Somerset Air Ambulance 1,500 Core Funding (Matched Provincial donation) Douglas Coal Fund 300 Core Funding (Matched Provincial donation) Duchenne UK 250 Core Funding (Matched Provincial donation) Durham Christian Partnership 10,000 Core Funding (Matched Provincial donation) Ealing Food Bank 1,000 Core Funding (Matched Provincial donation) East Cornwall Search and Rescue Team 500 Core Funding (Matched Provincial donation) East Kent Hospitals Charity 7,000 Core Funding (Matched Provincial donation) Eastbourne Foodbank 5,000 Core Funding (Matched Provincial donation) Eastnor Parochial Primary School PTA 700 Core Funding (Matched Provincial donation)

Page 67 of 83

MASONIC CHARITABLE FOUNDATION

Eckington Development Company EDAN Lincs Eden Valley Hospice (Carlisle) Ltd Elim Foursquare Gospel Alliance (t/a Llanelli Foodbank) Ely Community Lunches Ely Foodbank Exeter Foodbank FACT Community Fridge, March FACT Community Fridge, March Fairfield Farm Trust - The Hope Centre Faith In The Community Family Food Bank Ashford Feed The Homeless Feltham Food Bank FIND Families In Need FLAG (Supporting Youngsters With Special Needs) Limited Footprints in the Community Forget Me Not - Isle of Man Forget-me-not Chorus Freedom Community Project Friends of Edward Albert Prince of Wales Court Friendship Lincs Garston Adventure Playground Gatehouse East Anglia Georgina Cancer Unit Glosspdale Foodbank Gloucester City Mission Gloucestershire Deaf Association (GDA) Grace Food Bank Grantham Food Bank Gravesham Foodbank Great Ayton District Girl Guides Grove Cottage (Bishop's Stortford Mencap) Growing Well Guernsey Samaritans LBG Guernsey Welfare Service Halas Homes Hampshire and Isle of Wight Air Ambulance Harbour Cancer Support Harlesden Salvation Army Harrow Foodbank Centre Harrow Salvation Army Headway Guernsey Hereford and Worcester Community First Responders Hereford and Worcester Community First Responders

250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 519 Core Funding (Matched Provincial donation) 1,111 Core Funding (Matched Provincial donation)

500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 450 Core Funding (Matched Provincial donation) 1,500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation)

612 Core Funding (Matched Provincial donation) 600 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 420 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 320 Core Funding (Matched Provincial donation) 1,800 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 725 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 800 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 750 Core Funding (Matched Provincial donation)

1,000 Core Funding (Matched Provincial donation)

Page 68 of 83

MASONIC CHARITABLE FOUNDATION

Hereford Food Bank 500 Core Funding (Matched Provincial donation) Hereford Open Door 50 Core Funding (Matched Provincial donation) Herts Disability Sports Foundation 500 Core Funding (Matched Provincial donation) Herts Young Mariners Base 500 Core Funding (Matched Provincial donation) Hillingdon Foodbank 1,000 Core Funding (Matched Provincial donation) Holly Trust 1,497 Core Funding (Matched Provincial donation) Homeless Street Angels 2,050 Core Funding (Matched Provincial donation) Home-Start Cymru 500 Core Funding (Matched Provincial donation) Home-Start Hertfordshire 500 Core Funding (Matched Provincial donation) Home-Start Norfolk 500 Core Funding (Matched Provincial donation) Home-Start, Guernsey 2,000 Core Funding (Matched Provincial donation) Hope Centre 350 Core Funding (Matched Provincial donation) Hope for Belper 250 Core Funding (Matched Provincial donation) Hope Housing, Training & Support Ltd 1,875 Core Funding (Matched Provincial donation) Hope Housing, Training & Support Ltd 1,875 Core Funding (Matched Provincial donation) Hope Nottingham (Hope House Food Bank) 5,000 Core Funding (Matched Provincial donation) Horatio's Garden Cardiff 500 Core Funding (Matched Provincial donation) Hospice Care 400 Core Funding (Matched Provincial donation) Hospice Care 500 Core Funding (Matched Provincial donation) Hospice of the Valleys 1,000 Core Funding (Matched Provincial donation) Hull and East Yorkshire Mind 200 Core Funding (Matched Provincial donation) Hull Food Bank 200 Core Funding (Matched Provincial donation) Human Milk Foundation 1,000 Core Funding (Matched Provincial donation) Ipswich 17 Good Neighbour Scheme 1,000 Core Funding (Matched Provincial donation) Isle of Man Foodbank 500 Core Funding (Matched Provincial donation) Isle of Man Foodbank 1,000 Core Funding (Matched Provincial donation) Isle of Man Foodbank 250 Core Funding (Matched Provincial donation) Isle of Man Masonic Charity 500 TLC appeal donation (Matched Provincial donation) Isle of Man Masonic Charity 600 TLC appeal donation (Matched Provincial donation) Jersey Homeless Outreach Group 3,000 Core Funding (Matched Provincial donation) Jersey Women's Refuge 3,000 Core Funding (Matched Provincial donation) Jolly Josh 3,498 Purchase of Magic Carpet Interactive Projection System. (Matched Provincial donation) Julia's House 1,250 Core Funding (Matched Provincial donation) K1 Britannia Foundation Trust 1,000 Emergency relief work in Haiti Kaleidoscopic UK 1,600 Core Funding (Matched Provincial donation) Kellingley Community Hub 1,000 Core Funding (Matched Provincial donation) Kent, Surrey and Sussex Air Ambulance Trust 5,000 Core Funding (Matched Provincial donation) Kent, Surrey and Sussex Air Ambulance Trust 1,250 Core Funding (Matched Provincial donation) Kings Lynn Foodbank 500 Core Funding (Matched Provincial donation) King's Own Royal Border Regiment Museum Trust 1,000 Core Funding (Matched Provincial donation) operating as Cumbria's Museum of Military Life Lampeter Evangelical Church (t/a Lampeter 556 Core Funding (Matched Provincial donation) Foodbank) Ledbury Food Bank 500 Core Funding (Matched Provincial donation) Leeds Baby Bank 2,404 Core Funding (Matched Provincial donation) Leek and District Foodbank 2,500 Core Funding (Matched Provincial donation)

Page 69 of 83

MASONIC CHARITABLE FOUNDATION

1,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 350 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 420 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation)

Leicester South Foodbank 1,000 Core Funding (Matched Provincial donation) Leominster Food Bank 500 Core Funding (Matched Provincial donation) Letchworth Foodbank 1,000 Core Funding (Matched Provincial donation) Leyland Food Bank 350 Core Funding (Matched Provincial donation) Lifelites 1,000 Core Funding (Matched Provincial donation) Lifelites 1,000 Core Funding (Matched Provincial donation) Linacre Methodist Mission 420 Core Funding (Matched Provincial donation) Lincoln Pelican Trust Ltd 500 Core Funding (Matched Provincial donation) Lincolnshire Emergency Blood Bikes Service 500 Core Funding (Matched Provincial donation) Little Troopers 500 Core Funding (Matched Provincial donation) Long Eaton and Sawley Foodbank 250 Core Funding (Matched Provincial donation) Lowland Rescue Oxfordshire (was Oxfordshire 2,000 Core Funding (Matched Provincial donation) Search and Rescue) Ludgershall Pre-School 500 Core Funding (Matched Provincial donation) Macmillan Caring Locally 500 Core Funding (Matched Provincial donation) Magor Ministry Area 1,000 Core Funding (Matched Provincial donation) Maidenhead Foodshare 1,000 Core Funding (Matched Provincial donation) Manchester Central Foodbank 500 Core Funding (Matched Provincial donation) Manx Deaf Society 300 Core Funding (Matched Provincial donation) Marie Curie 500 Core Funding (Matched Provincial donation) Marie Curie Nurses at Home 500 Core Funding (Matched Provincial donation) Maryport & Solway Unit 541 of the Sea Cadet 833 Core Funding (Matched Provincial donation) Corps me&dee 5,000 Core Funding (Matched Provincial donation) Medway Foodbank - Help in the Community 500 Core Funding (Matched Provincial donation) Mencap Cymru 1,111 Core Funding (Matched Provincial donation) MICAH Liverpool 900 Core Funding (Matched Provincial donation) Mid Cheshire Foodbank 675 Core Funding (Matched Provincial donation) Mid Norfolk Foodbank 500 Core Funding (Matched Provincial donation) Middlewich & District Foodbank 675 Core Funding (Matched Provincial donation) Midlands Air Ambulance 2,000 Core Funding (Matched Provincial donation) Mind in Mid Herts 500 Core Funding (Matched Provincial donation) Molly Olly's Wishes 2,000 Core Funding (Matched Provincial donation) Morecambe Bay Food Bank 450 Core Funding (Matched Provincial donation) Motor Neurone Disease Association (Isle of Man) 250 Core Funding (Matched Provincial donation) Limited Mottingham Foodbank run by St Edwards PCC 500 Core Funding (Matched Provincial donation) Myaware 1,250 Core Funding (Matched Provincial donation) Nantwich Foodbank 1,000 Core Funding (Matched Provincial donation) Netherley Youth & Community Initiative 420 Core Funding (Matched Provincial donation) Newmarket Open Door 250 Core Funding (Matched Provincial donation) Newport and Gwent Samaritans 1,000 Core Funding (Matched Provincial donation) Nightstop Communities Northwest CIC 420 Core Funding (Matched Provincial donation) No5 Young People 2,355 Free counselling for vulnerable children and young people (Matched Provincial donation) Norfolk SEN Network 2,500 Core Funding (Matched Provincial donation) North Enfield Food Bank 1,000 Core Funding (Matched Provincial donation) North Norfolk Foodbank 500 Core Funding (Matched Provincial donation)

Page 70 of 83

MASONIC CHARITABLE FOUNDATION

Northamptonshire Carers Northern Devon Foodbank OGC Splash Ordinary to Extraordinary Oshi's World Outreach Oxfordshire Association for the Blind Padley Group Parish of Aberystwyth Parochial Church Council (T/a Aberystwyth Foodbank) Park Families Sure Start Centre Parkinsons (Malvern) Patterdale Mountain Rescue Association Pembrokeshire Foodbank Penhaligons Friends Pied Piper Appeal Playskill Plymouth Foodbank Port Of Bristol Seafarers Centre Portsmouth Downs Syndrome Association Potential Kids Prospect Hospice Reach Out to the Community

2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 2,500 Core Funding (Matched Provincial donation) 250 Core Funding (Matched Provincial donation) 1,111 Food bank (Matched Provincial donation)

400 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 4,696 Core Funding (Matched Provincial donation) 3,333 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 500 Core Funding (Matched Provincial donation) 1,250 Core Funding (Matched Provincial donation) 350 Food bank support (Matched Provincial donation) 2,000 Core Funding (Matched Provincial donation) 1,000 Core Funding (Matched Provincial donation) 300 Core Funding (Matched Provincial donation) 500 Christmas foodbank donation (Matched Provincial donation)

Relate Guernsey Rochdale Food Bank Roseberry Academy Friends and Teachers Rosmini Centre Wisbech

Rossendale and Pendle Mountain Rescue Team 1,000 Core Funding (Matched Provincial donation) Royal National Lifeboat Institution 500 Core Funding (Matched Provincial donation) Runcorn & District Foodbank 1,000 Core Funding (Matched Provincial donation) Ryde Sea Cadets 250 Core Funding (Matched Provincial donation) S6 Foodbank 250 Core Funding (Matched Provincial donation) Salcare 250 Food bank support (Matched Provincial donation) Salford Food Bank 1,700 Food bank support (Matched Provincial donation) Salford Food Bank 450 Food bank support (Matched Provincial donation) Salisbury Hospice Charity 1,250 Core Funding (Matched Provincial donation) Samaritans of Boston 500 Core Funding (Matched Provincial donation) Sandville Self Help Foundation 300 Core Funding (Matched Provincial donation) SELFA 1,900 Core Funding (Matched Provincial donation) Sensational Families 5,000 Core Funding (Matched Provincial donation) Service Dogs UK 1,000 Core Funding (Matched Provincial donation) Sexual Trauma and Recovery Service (STARS 500 Core Funding (Matched Provincial donation) DORSET)

Page 71 of 83

MASONIC CHARITABLE FOUNDATION

Shelley Centre for Therapeutic Riding Shine Lincolnshire SHOC Slough Homeless- Our Concern Shrewsbury Food Hub

Shrewsbury Men's Shed Silklife Foodbank

South Bristol Youth South Derbyshire Mental Health Association

South Holland (Spalding) PHAB South Normanton and Area Foodbank

South Tees Hospitals Charity and Associated Funds South Tees Hospitals Charity and Associated Funds Southend Foodbank

Page 72 of 83

MASONIC CHARITABLE FOUNDATION

Tavistock Foodbank

Thamesdown Hydrotherapy Pool The 3 Pillars-Feeding the Homeless The Association of Friends of Connaught Court The Basic Life Charity

The Bay Foodbank

The Bede Foodbank The Brain Tumour Charity The Brick The Bridge to Cross Charitable Trust The Bumblebee Children's Charity The Cart Shed The Centre Project The Duke of Edinburgh's Award The Duke of Edinburgh's Award The Giles Trust The Hailey Centre The Honeypot Children's Charity The John McNeill Opportunity Centre The Lighthouse Community Mental Health Hub The Lord Mayor of Bristol's Christmas Appeal for Children The Manx Stroke Foundation The Matthew Tree Project The Merlin MS Centre The Michael Roberts Charitable Trust The Not Forgotten Association The Oasis Centre - Cornwall The Oliver King Foundation The Oxford Food Hub

The Parochial Church Council of the Ecclesiastical Parish of St Peters Bromyard (Bromyard Foodbank) The Royal British Legion The Royal British Legion The Salvation Army (Boscombe)

The Salvation Army (Prescot)

The Salvation Army (Preston)

The Severn Community Charitable Trust The Shelter Trust Jersey The Shrewsbury Ark

Page 73 of 83

MASONIC CHARITABLE FOUNDATION

The Storehouse Foodbank

The Toy Appeal

The Watford Centre Social Centre for the Blind The Wisbech Food Hub

The Wokingham Food Bank

The Zink Project

Thrive (Cardiff) Torfaen and Blaenau Gwent Mind Towy Community Church (t/a Carmarthen Foodbank) Trafford South Foodbank

Tree of Hope Charity (Supporting Paws) Tree of Life Centre

Tunbridge Wells Nourish Foodbank

Tupton Foodbank

TurnABUHBPink UK Sepsis Trust Ukraine 2022 Appeal University of Bath Urban Outreach

Vale People First Versus Arthritis Vision 21 Cyfle Cymru Voluntary Norfolk

Wansbeck Valley Food Bank

Warrington Food Bank

Warwickshire and Solihull Blood Bikes

Waste Not Want Not at the Urc

Waterways experience Watford Women's Centre Plus Waveney Foodbank Wesley Community Café West Berks Food Bank

Page 74 of 83

MASONIC CHARITABLE FOUNDATION

West Northumberland Foodbank
2,000 Food bank support (Matched Provincial
donation)
Whiteknights Yorkshire Blood Bikes
3,446 Core Funding (Matched Provincial donation)
Whitley Community Development Association
1,000 Food bank support (Matched Provincial
donation)
Will Mackaness Trust
500 Core Funding (Matched Provincial donation)
Winchester Hospice Charity
2,000 Core Funding (Matched Provincial donation)
Windsor Foodshare
1,000 Food bank support (Matched Provincial
donation)
Wirral Foodbank
2,000 Food bank support (Matched Provincial
donation)
Witney Food bank
1,000 Food bank support (Matched Provincial
donation)
Wolverhampton Food Bank
2,500 Food bank support (Matched Provincial
donation)
Woody's Lodge
5,000 Core Funding (Matched Provincial donation)
Worcester Foodbank
1,000 Food bank support (Matched Provincial
donation)
WYRE FOREST SWIMMING CLUB
500 Core Funding (Matched Provincial donation)
Yad Veachisomoch lchaim
250 Food bank support (Matched Provincial
donation)
Yiewsley & West Drayton Foodbank
1,000 Food bank support (Matched Provincial
donation)
York Food Bank
200 Food bank support (Matched Provincial
donation)
Yorkshire Air Ambulance
920 Core Funding (Matched Provincial donation)
Young Barnet Foundation
500 Donation to Space2Grow project (Matched
Provincial donation)
Young Barnet Foundation
1,000 Food bank support (Matched Provincial
donation)
Total
670,010 376
Freemasons COVID-19 Community Fund
Andy's Man Club Ltd.
25,000 Recruitment and Expansion
Balloons
25,000 Bridges to the Future
Beyond the Horizon Charity
25,000 Therapy for Complex Loss
Break
21,500 Positive Connections
Bucks Mind
25,000 The Peer Support in Schools Service
Cheshire Young Carers
15,000 Cheshire Young Carers - improving the mental
health and wellbeing of young carers
CYCA - (Connecting Youth Children and Adults)
21,020 Well-being @the docks
Dorset Mind
25,000 Dorset Mind Your Head
Every Life Matters
22,026 Suicide Safer Schools Programme
Jigsaw4u
25,000 Supporting bereaved children and young people
and those facing death of a loved one.
Mental Health Matters (MHM)
16,000 Adult and Youth Mental Health First Aid (MHFA)
Training Delivery
Moodswings
13,650 Moodswings Post Covid Student Wellbeing
Project		 West Northumberland Foodbank
2,000 Food bank support (Matched Provincial
donation)
Whiteknights Yorkshire Blood Bikes
3,446 Core Funding (Matched Provincial donation)
Whitley Community Development Association
1,000 Food bank support (Matched Provincial
donation)
Will Mackaness Trust
500 Core Funding (Matched Provincial donation)
Winchester Hospice Charity
2,000 Core Funding (Matched Provincial donation)
Windsor Foodshare
1,000 Food bank support (Matched Provincial
donation)
Wirral Foodbank
2,000 Food bank support (Matched Provincial
donation)
Witney Food bank
1,000 Food bank support (Matched Provincial
donation)
Wolverhampton Food Bank
2,500 Food bank support (Matched Provincial
donation)
Woody's Lodge
5,000 Core Funding (Matched Provincial donation)
Worcester Foodbank
1,000 Food bank support (Matched Provincial
donation)
WYRE FOREST SWIMMING CLUB
500 Core Funding (Matched Provincial donation)
Yad Veachisomoch lchaim
250 Food bank support (Matched Provincial
donation)
Yiewsley & West Drayton Foodbank
1,000 Food bank support (Matched Provincial
donation)
York Food Bank
200 Food bank support (Matched Provincial
donation)
Yorkshire Air Ambulance
920 Core Funding (Matched Provincial donation)
Young Barnet Foundation
500 Donation to Space2Grow project (Matched
Provincial donation)
Young Barnet Foundation
1,000 Food bank support (Matched Provincial
donation)
Total
670,010 376
Freemasons COVID-19 Community Fund
Andy's Man Club Ltd.
25,000 Recruitment and Expansion
Balloons
25,000 Bridges to the Future
Beyond the Horizon Charity
25,000 Therapy for Complex Loss
Break
21,500 Positive Connections
Bucks Mind
25,000 The Peer Support in Schools Service
Cheshire Young Carers
15,000 Cheshire Young Carers - improving the mental
health and wellbeing of young carers
CYCA - (Connecting Youth Children and Adults)
21,020 Well-being @the docks
Dorset Mind
25,000 Dorset Mind Your Head
Every Life Matters
22,026 Suicide Safer Schools Programme
Jigsaw4u
25,000 Supporting bereaved children and young people
and those facing death of a loved one.
Mental Health Matters (MHM)
16,000 Adult and Youth Mental Health First Aid (MHFA)
Training Delivery
Moodswings
13,650 Moodswings Post Covid Student Wellbeing
Project
Total 670,010

Page 75 of 83

MASONIC CHARITABLE FOUNDATION

COVID-19 Help and Support Programme

The Grand Secretary's Discretionary Fund

The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund The Grand Secretary's Discretionary Fund

Page 76 of 83

MASONIC CHARITABLE FOUNDATION

The Grand Secretary's Discretionary Fund

The Grand Secretary's Discretionary Fund

The Grand Secretary's Discretionary Fund 5,000 COVID-19 support for Districts - DGL Eastern Archipelago - COVID test kits The Grand Secretary's Discretionary Fund 15,000 COVID-19 support for Districts - DGL Madras, Northern India and Bombay - PPE for hospitals The Grand Secretary's Discretionary Fund 1,250 COVID-19 support for Districts - DGL South Africa, Western Division - Infinity Culinary Training The Grand Secretary's Discretionary Fund 5,000 COVID-19 support for Districts - DGC South Africa, Northern Division - Grocery Vouchers The Grand Secretary's Discretionary Fund 5,000 COVID-19 support for Districts - DGL Nigeria - Hand Sanitisers and face masks

Total 75,000 17

Duke of Edinburgh Tribute Fund

The Duke of Edinburgh's Award 300,000 Grant to support children and young people with SEND to participate in the D of E Award programme

Total 300,000 1
Medical Research
Alzheimer's Research UK 90,453 The Masonic Charitable Foundation PhD
Studentship
British Heart Foundation 150,000 BHF Masonic Charitable Foundation PhD
Studentships
Diabetes UK 88,935 Masonic Charitable Foundation Diabetes UK PhD
Studentship Award
University of Bradford 211,632 The Masonic Charitable Foundation Bradford
Clinical Scholars
Total 541,020
Total 5,853,772
Relief Chest 2,927,810
RMIGET 3,171,571
Adjustment to prior years
Overall Total
Discounting of long term grants (movement)
Per Accounts		 11,946,353
(132,301)
11,814,052

Page 77 of 83

MASONIC CHARITABLE FOUNDATION

ANNEX B – HOSPICE GRANTS MADE BY PROVINCE

Province Hospice Grant
Bedfordshire Keech Hospice Care - Adult Hospice Service 1,375
Sue Ryder Care: St Johns Hospice 1,705
Keech Hospice Care - Children's Hospice Service 1,280
Berkshire Royal Trinity Hospice 1,815
Thames Hospice 2,315
Alexander Devine Children's Hospice Service 1,000
Bristol St Peter's Hospice 1,705
Jessie May 500
Buckinghamshire Florence Nightingale - Florrie's Children's Team 500
Rennie Grove Hospice Care 1,000
South Bucks Hospice 1,000
Willen Hospice 1,705
Cambridgeshire Arthur Rank Hospice Charity 1,985
East Anglia's Children's Hospices - Milton 1,000
Cheshire Halton Haven Hospice 1,065
St Ann's Hospice 1,765
St Ann's Hospice - Neil Cliffe Centre 500
St Luke's (Cheshire) Hospice 500
Wirral Hospice St John's 1,750
Claire House Children's Hospice 1,565
Cornwall Cornwall Hospice Care 1,625
Children’s Hospice South West - Little Harbour 1,340
Cumberland & Westmorland Eden Valley Hospice (Carlisle) Ltd 1,065
Hospice at Home Carlisle and North Lakeland 500
Hospice at Home West Cumbria 500
Jigsaw Children's Hospice 280
Derbyshire Ashgate Hospicecare 1,500
Blythe House Hospice 1,000
Treetops Hospice Trust Group 1,000
Willow Burn Hospice 15,697
Devonshire High View Gardens Hospiscare 1,000
Honiton Kings House Hospiscare 1,000
Hospiscare 1,565
Hospiscare - Tiverton Pine Lodge Day Hospice 1,000
North Devon Hospice 1,330
Rowcroft Hospice 1,065
St Luke's Hospice, Plymouth 1,065
Children's Hospice South West - Little Bridge House 1,395
Dorset Lewis-Manning Hospice 500
Weldmar Hospicecare Trust 1,655
Julia's House 1,340
Durham Alice House Hospice 1,345
Butterwick Hospice - Bishop Auckland 1,000
Butterwick Hospice Care (Butterwick Ltd) 1,655

Page 78 of 83

MASONIC CHARITABLE FOUNDATION

St Cuthbert's Hospice 1,470
St Teresa's Hospice 1,280
St. Benedict's Hospice 1,050
Willow Burn Hospice 780
Butterwick House Hospice, Babies, Children & 340
Young
East Kent ellenor - Adult Care 1,515
Heart of Kent Hospice 1,470
Heart of Kent Hospice 14,593
Pilgrims Hospice - Canterbury (Pilgrims East Kent) 1,565
Pilgrims Hospice in Ashford 1,565
Pilgrims Hospice -Thanet (Pilgrims Hospice E Kent) 1,565
Demelza Hospice Care for Children - Kent 1,565
East Lancashire Bolton Hospice 1,000
Bury Hospice 1,375
Dr Kershaw's Hospice 1,565
East Lancashire Hospice 1,470
Pendleside Hospice 1,470
Rossendale Hospice 1,000
Springhill Hospice 1,750
St Ann's Hospice - Little Hulton 1,845
Willow Wood Hospice 1,065
Essex Fair Havens Hospice 1,750
Farleigh Hospice 1,470
Saint Francis Hospice 1,890
St Clare West Essex Hospice Care Trust 1,375
St Helena Hospice 1,845
St Luke's Hospice (Basildon & District) 1,375
The J's Hospice 500
Haven House Children's Hospice 1,340
Little Havens Children's Hospice 1,450
Gloucestershire Great Oaks Dean Forest Hospice 1,000
Great Oaks Dean Forest Hospice 7,135
Longfield Hospice 1,000
Sue Ryder - Leckhampton Court Hospice 1,610
Guernsey & Alderney Les Bourgs Hospice 850
Hampshire & IOW Countess Mountbatten Hospice 1,985
Earl Mountbatten Hospice 1,750
Jacksplace (Wessex Children's Hospice Trust) 780
Oakhaven Hospice Trust 1,470
St Michael's Hospice (North Hampshire) 970
The Rosemary Foundation 500
The Rowans Hospice 1,890
Winchester Hospice Charity 470
Naomi House (Wessex Children's Hospice Trust) 1,620
Herefordshire St Michael's Hospice (Hereford) 1,940
Garden House Hospice (North Herts Hospice Care 1,470
Association)

Page 79 of 83

MASONIC CHARITABLE FOUNDATION

Hospice of St Francis 1,565
Isabel Hospice 1,375
Peace Hospice Care 1,565
Noah's Ark Children's Hospice 1,545
The Pepper Foundation 500
Isle of Man Hospice Care 1,280
Jersey Jersey Hospice Care 1,065
Leicestershire & Rutland Dove Cottage Day Hospice 1,000
LOROS Hospice 2,455
Rainbows Hospice for Children and Young People 970
(Cope Children's Trust)
Lincolnshire St Andrew's Hospice 1,065
St Barnabas Hospice, Lincolnshire 1,000
The Butterfly Hospice Trust 280
St Andrew's Children's Hospice 1,225
London Hospice UK 15,000
Marie Curie Hospice, Hampstead 2,095
North London Hospice 1,845
St Christopher's Hospice 2,780
St John's Hospice 1,845
St John's Hospice 35,000
St Joseph's Hospice Hackney 2,595
The Nightingale Cancer Support Centre 500
Richard House Children's Hospice 1,280
Middlesex Harlington Hospice Association 1,470
Harlington Hospice Association 32,000
Michael Sobell Hospice 970
St Luke's Hospice (Harrow & Brent) 1,565
Shooting Star House 1,010
Monmouthshire St. David's Foundation Hospice Care 1,205
Norfolk Swaffham & Litcham Home Hospice Support 500
The Norfolk Hospice 1,420
North Wales Nightingale House (Wrexham Hospice & Cancer 1,065
Support)
Severn Hospice/Hosbis Hafren - Newtown 500
St David's Hospice Ltd 1,845
St Kentigern Hospice 1,065
St Kentigern Hospice 18,376
Ty Gobaith 840
Northamptonshire & Huntingdonshire Lakelands Hospice 1,000
Thorpe Hall Hospice Sue Ryder Care 1,940
Northumberland Hospice Care North Northumberland 1,000
Marie Curie Centre Newcastle 1,440
Ty Hafan Children's Hospice 34,835
Tynedale Hospice at Home 500
Nottinghamshire Bassetlaw Hospice of Good Shepherd 875
Beaumond House Community Hospice 1,190
Nottinghamshire Hospice 1,000

Page 80 of 83

MASONIC CHARITABLE FOUNDATION

Oxfordshire Sue Ryder South Oxfordshire Palliative Care Hub 1,000
The Katharine House Hospice 1,470
Helen and Douglas House 1,225
Shropshire Severn Hospice (Apley) 1,515
Severn Hospice (Bicton) 1,565
Hope House Children's Hospice 950
Somerset St Margaret's Somerset Hospice 1,565
St Margaret's Somerset Hospice in Yeovil 1,000
Weston Hospicecare 1,470
Children's Hospice South West - Charlton Farm 1,395
South Wales City Hospice 1,000
Marie Curie Hospice, Cardiff and the Vale 2,405
Sandville Self Help Foundation 515
The Bracken Trust Cancer Support Centre 1,000
Ty Croeso Day Hospice 500
Ty Hafan Children's Hospice 780
Staffordshire Compton Hospice 1,845
Douglas Macmillan Hospice 2,050
Katharine House Hospice 1,470
St Giles Hospice Lichfield 1,890
St Giles Hospice, Sutton Coldfield 1,385
Acorns Children's Hospice Trust (Walsall) 1,565
Douglas Macmillan Hospice - Children's Services 1,450
Suffolk St Elizabeth Hospice 1,845
St Nicholas Hospice Care 1,065
East Anglia's Children's Hospices - Ipswich 1,000
East Anglia's Children's Hospices - The Nook 1,000
Surrey Phyllis Tuckwell Hospice Care 1,845
Princess Alice Hospice 1,940
St Raphael's Hospice 1,655
Woking Hospice 1,940
Shooting Star Chase St Christopher's 1,010
Sussex Martlets Hospice 1,565
St Barnabas House 1,940
St Catherine's Hospice Sussex 1,845
St Michael's Hospice (Hastings) 2,030
St Peter & St James Hospice and Continuing Care 1,000
Centre
St Wilfrid's Hospice 1,940
St Wilfrid's Hospice, Chichester 1,845
Sussex Beacon 970
The Sussex Snowdrop Trust 1,000
Chestnut Tree House Children's Hospice 1,565
Demelza Hospice Care for Children - Sussex 500
Leo House at Home 500
Warwickshire Dorothy House Hospice 34,576
Marie Curie Hospice, West Midlands 1,565
Mary Ann Evans Hospice 500

Page 81 of 83

MASONIC CHARITABLE FOUNDATION

Myton Hospice 2,500
Oakhaven Hospice Trust 35,000
St Mary's Hospice Ltd 1,795
The Shakespeare Hospice 1,000
Acorns Children's Hospice Trust (Selly Oak) 1,565
Zoe's Place Baby Hospice, Coventry 670
West Kent Greenwich and Bexley Community Hospice 1,890
Hospice in the Weald 2,175
Demelza Hospice Care for Children - SE London 1,185
ellenor - Children's Care 500
West Lancashire Marie Curie Hospice Liverpool 2,220
Queenscourt Hospice 1,470
St Catherine's Hospice, Lancashire 1,390
St John's Hospice Lancaster 1,110
St Joseph's Hospice Association - Thornton 1,860
St Mary's Hospice 1,375
St Rocco's Hospice 1,470
Trinity Hospice & Palliative Care Services 1,845
Wigan and Leigh Hospice 1,155
Willowbrook Hospice 1,420
Derian House Children's Hospice 1,620
Francis House Children's Hospice 1,790
Zoë's Place Baby Hospice - Liverpool 1,000
West Wales Paul Sartori Hospice at Home 500
Shalom House 1,000
Skanda Vale Hospice CIO 780
Skanda Vale Hospice CIO 29,400
Wiltshire Dorothy House Hospice 1,470
East Cheshire Hospice 35,000
Prospect Hospice 1,065
Salisbury Hospice Charity 1,470
Worcestershire Kemp Hospice 1,000
Primrose Hospice Limited 500
St Richard's Hospice Foundation 1,795
The Mary Stevens Hospice 970
Acorns Children's Hospice (Worcester) 1,565
Yorkshire North & East Ridings Dove House Hospice 1,000
Saint Catherine's Hospice 1,655
St Leonard's Hospice 1,940
Teesside Hospice Care Foundation 1,470
Zoe's Place 780
Yorkshire West Riding Barnsley Hospice 970
LOROS Hospice 8,388
Manorlands Hospice Sue Ryder Care 1,705
Marie Curie Centre Bradford 1,250
Overgate Hospice 1,565
Prince of Wales Hospice 1,110
Saint Michael's Hospice 1,470

Page 82 of 83

MASONIC CHARITABLE FOUNDATION

St Gemma's Hospice
St Luke's Hospice
The Kirkwood
The Rotherham Hospice Trust
Wakefield Hospice
Wheatfields Hospice - Sue Ryder
Bluebell Wood Children's Hospice
Forget Me Not Children's Hospice
Martin House Children's Hospice		 2,175
1,940
1,750
1,155
1,065
1,845
1,400
1,225
1,345
615,000

Page 83 of 83